Bearish flow noted in Crexendo Inc with 1,532 puts trading, or 1.1x expected. Most active are Jul-25 110 puts and Jul-25 110 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.72, while ATM IV is up over 1 point on the day. Earnings are expected on July 29th.
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