Bearish flow noted in Credo Technology (CRDO) Group with 3,375 puts trading, or 2x expected. Most active are 1/30 weekly 150 puts and 1/23 weekly 139 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.79, while ATM IV is up over 3 points on the day. Earnings are expected on March 3rd.
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