Bearish flow noted in Redwire (RDW) with 4,769 puts trading, or 1.3x expected. Most active are Nov-25 5.5 puts and 11/28 weekly 5.5 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 8 points on the day. Earnings are expected on March 9th.
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