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Rubrik Inc put volume heavy and directionally bearish

Bearish flow noted in Rubrik (RBRK) Inc with 7,551 puts trading, or 11x expected. Most active are 2/13 weekly 64 puts and 2/13 weekly 65 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 1.78, while ATM IV is up nearly 5 points on the day. Earnings are expected on March 12th.

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