Bearish flow noted in Reddit (RDDT) Inc with 26,988 puts trading, or 1.5x expected. Most active are 11/29 weekly 120 puts and Jan-25 100 puts, with total volume in those strikes near 8,500 contracts. The Put/Call Ratio is 2.33, while ATM IV is up over 1 point on the day. Earnings are expected on February 4th.
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