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Bitdeer Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Bitdeer (BTDR) Technologies Group with 5,188 puts trading, or 5x expected. Most active are Apr-25 7 puts and Apr-25 6.5 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 8.75, while ATM IV is up over 1 point on the day. Earnings are expected on May 6th.

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