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Match Group put volume heavy and directionally bearish

Bearish flow noted in Match Group (MTCH) with 3,332 puts trading, or 3x expected. Most active are Feb-25 30 puts and 2/7 weekly 36 calls, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 3.04, while ATM IV is up over 1 point on the day. Earnings are expected on February 4th.

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