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Galaxy Digital Inc. – Class A common stock put volume heavy and directionally bearish

Bearish flow noted in Galaxy Digital (GLXY) Inc. – Class A common stock with 4,832 puts trading, or 2x expected. Most active are 2/6 weekly 27.5 puts and Mar-26 15 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 1.82, while ATM IV is up over 2 points on the day. Earnings are expected on May 12th.

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