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Uranium Energy put volume heavy and directionally bearish

Bearish flow noted in Uranium Energy (UEC) with 9,129 puts trading, or 4x expected. Most active are 3/6 weekly 14 puts and Apr-26 12 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 3.48, while ATM IV is up nearly 8 points on the day. Earnings are expected on March 10th.

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