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Maxar Technologies put volume heavy and directionally bearish

Bearish flow noted in Maxar Technologies with 1,014 puts trading, or 3x expected. Most active are Jan-23 50 puts and Jan-23 50 calls, with total volume in those strikes near 480 contracts. The Put/Call Ratio is 4.07, while ATM IV is up over 1 point on the day. Earnings are expected on February 22nd.

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