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Roblox put volume heavy and directionally bearish

Bearish flow noted in Roblox (RBLX) with 9,886 puts trading, or 1.9x expected. Most active are 2/28 weekly 59 puts and Feb-25 65 calls, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 1.96, while ATM IV is up over 2 points on the day. Earnings are expected on May 8th.

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