Bearish flow noted in Workday (WDAY) with 4,223 puts trading, or 1.1x expected. Most active are Jan-28 110 puts and Feb-26 175 calls, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 2.44, while ATM IV is up over 4 points on the day. Earnings are expected on February 24th.
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