iRobot put volume heavy and directionally bearish

Bearish flow noted in iRobot with 20,906 puts trading, or 1.2x expected. Most active are Mar-24 35 puts and Feb-24 25 puts, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 7.02, while ATM IV is up over 5 points on the day. Earnings are expected on February 27th.

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