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Doximity put volume heavy and directionally bearish

Doximity put volume heavy and directionally bearish

Bearish flow noted in Doximity (DOCS) with 2,672 puts trading, or 1.8x expected. Most active are Jan-26 50 puts and Apr-25 60 puts, with total volume in those strikes near 680 contracts. The Put/Call Ratio is 5.66, while ATM IV is up over 1 point on the day. Earnings are expected on May 15th.

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