XP Inc put volume heavy and directionally bearish
The Fly

XP Inc put volume heavy and directionally bearish

Bearish flow noted in XP Inc with 25,434 puts trading, or 4x expected. Most active are 12/29 weekly 19 puts and 12/29 weekly 23 puts, with total volume in those strikes near 25,000 contracts. The Put/Call Ratio is 29.61, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 15th.

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