Bearish flow noted in Seagate (STX) with 4,287 puts trading, or 2x expected. Most active are Feb-25 95 puts and Mar-25 97.5 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.31, while ATM IV is up over 5 points on the day. Earnings are expected on April 23rd.
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