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Bitdeer Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Bitdeer (BTDR) Technologies Group with 2,015 puts trading, or 1.9x expected. Most active are 9/26 weekly 12 puts and 8/22 weekly 12.5 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 9.08, while ATM IV is up nearly 5 points on the day. Earnings are expected on November 24th.

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