Bearish flow noted in Workday (WDAY) with 7,357 puts trading, or 1.9x expected. Most active are Sep-26 100 puts and Jan-28 110 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 1.63, while ATM IV is up nearly 6 points on the day. Earnings are expected on February 24th.
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