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Vertiv Holdings put volume heavy and directionally bearish

Vertiv Holdings put volume heavy and directionally bearish

Bearish flow noted in Vertiv Holdings with 7,900 puts trading, or 6x expected. Most active are Feb-24 50 puts and Feb-24 55 puts, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 3.12, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 21st.

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