TakeTwo Interactive Software put volume heavy and directionally bearish
The Fly

TakeTwo Interactive Software put volume heavy and directionally bearish

Bearish flow noted in TakeTwo Interactive Software with 1,945 puts trading, or 1.7x expected. Most active are 1/12 weekly 145 puts and 2/9 weekly 148 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 4.29, while ATM IV is up over 2 points on the day. Earnings are expected on February 5th.

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