Bearish flow noted in Gitlab (GTLB) with 14,408 puts trading, or 10x expected. Most active are Jan-27 55 puts and Jan-27 35 puts, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 10.34, while ATM IV is up nearly 3 points on the day. Earnings are expected on June 9th.
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