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Quantumscape put volume heavy and directionally bearish

Bearish flow noted in Quantumscape (QS) with 16,052 puts trading, or 1.9x expected. Most active are Dec-25 12 puts and 12/12 weekly 12 puts, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 1.83, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 11th.

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