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UP Fintech Holding Ltd put volume heavy and directionally bearish

Bearish flow noted in UP Fintech (TIGR) Holding Ltd with 5,769 puts trading, or 2x expected. Most active are Jul-25 8 puts and Oct-25 7 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 2.12, while ATM IV is up over 1 point on the day. Earnings are expected on June 5th.

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