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Energy Fuels put volume heavy and directionally bearish

Bearish flow noted in Energy Fuels (UUUU) with 2,680 puts trading, or 11x expected. Most active are Jan-25 5 puts and Jan-25 6 calls, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 1.60, while ATM IV is up over 6 points on the day. Earnings are expected on February 21st.

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