Bearish flow noted in DLocal Ltd with 1,066 puts trading, or 1.1x expected. Most active are Jun-24 9 puts and Jun-24 14 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.14, while ATM IV is up nearly 4 points on the day. Earnings are expected on August 15th.
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DLocal Ltd put volume heavy and directionally bearish
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