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Bitdeer Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Bitdeer (BTDR) Technologies Group with 2,939 puts trading, or 1.7x expected. Most active are 2/7 weekly 17 puts and 2/14 weekly 17 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.83, while ATM IV is up over 1 point on the day. Earnings are expected on March 28th.

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