United Microelectronics put volume heavy and directionally bearish
The Fly

United Microelectronics put volume heavy and directionally bearish

Bearish flow noted in United Microelectronics with 3,029 puts trading, or 1.6x expected. Most active are Feb-24 8 puts and Apr-24 9 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 14.15, while ATM IV is up over 1 point on the day. Earnings are expected on January 31st.

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