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Oscar Health put volume heavy and directionally bearish

Bearish flow noted in Oscar Health (OSCR) with 3,373 puts trading, or 1.9x expected. Most active are Feb-25 14 puts and Dec-25 13 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.43, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 6th.

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