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Samsara put volume heavy and directionally bearish

Bearish flow noted in Samsara (IOT) with 3,446 puts trading, or 4x expected. Most active are 3/7 weekly 49 puts and 2/28 weekly 48 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 3.59, while ATM IV is up nearly 4 points on the day. Earnings are expected on March 6th.

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