Bearish flow noted in Galaxy Digital (GLXY) Inc. – Class A common stock with 49,239 puts trading, or 6x expected. Most active are Jan-26 20 puts and 12/26 weekly 31 calls, with total volume in those strikes near 47,300 contracts. The Put/Call Ratio is 4.50, while ATM IV is up over 6 points on the day. Earnings are expected on March 20th.
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