Bearish flow noted in Marqeta with 1,646 puts trading, or 1.0x expected. Most active are Mar-24 7 puts and Mar-24 6 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 8.57, while ATM IV is up over 1 point on the day. Earnings are expected on February 28th.
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