Bearish flow noted in United Microelectronics with 2,476 puts trading, or 2x expected. Most active are Feb-24 8 puts and Jan-25 10 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 56.27, while ATM IV is up over 6 points on the day. Earnings are expected on January 31st.
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