Joby Aviation put volume heavy and directionally bearish
The Fly

Joby Aviation put volume heavy and directionally bearish

Bearish flow noted in Joby Aviation with 2,526 puts trading, or 5x expected. Most active are Feb-24 5 puts and 2/2 weekly 6.5 calls, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 1.87, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 21st.

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