Bearish flow noted in Qualtrics International with 12,137 puts trading, or 10x expected. Most active are Mar-23 15 puts and Mar-23 17.5 calls, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 3.20, while ATM IV is up nearly 26 points on the day. Earnings are expected on April 20th.
Published first on TheFly
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