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Kingsoft Cloud Holdings put volume heavy and directionally bearish

Kingsoft Cloud Holdings put volume heavy and directionally bearish

Bearish flow noted in Kingsoft Cloud (KC) Holdings with 9,655 puts trading, or 6x expected. Most active are Feb-25 20 puts and Feb-25 17.5 puts, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 1.72, while ATM IV is up over 8 points on the day. Earnings are expected on March 19th.

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