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Bitdeer Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Bitdeer (BTDR) Technologies Group with 4,407 puts trading, or 4x expected. Most active are Feb-25 16.5 puts and 2/28 weekly 15.5 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 6.35, while ATM IV is up over 7 points on the day. Earnings are expected on February 25th.

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