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UP Fintech Holding Ltd put volume heavy and directionally bearish

Bearish flow noted in UP Fintech (TIGR) Holding Ltd with 39,660 puts trading, or 12x expected. Most active are Oct-25 8 puts and Apr-25 10 calls, with total volume in those strikes near 35,800 contracts. The Put/Call Ratio is 3.62, while ATM IV is up nearly 2 points on the day. Earnings are expected on June 5th.

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