Bearish flow noted in Braze (BRZE) Inc with 1,382 puts trading, or 1.8x expected. Most active are Mar-26 27.5 puts and Jan-26 35 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 20.32, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 26th.
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