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Infosys put volume heavy and directionally bearish

Bearish flow noted in Infosys (INFY) with 5,670 puts trading, or 5x expected. Most active are Feb-26 17 puts and Feb-26 19 calls, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 1.80, while ATM IV is up over 9 points on the day. Earnings are expected on April 16th.

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