Bearish flow noted in DeFi Development (DFDV) Corp with 2,453 puts trading, or 1.2x expected. Most active are Oct-25 15 puts and Oct-25 20 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.02, while ATM IV is up over 1 point on the day. Earnings are expected on November 11th.
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