1/9/2023-Unusual Options Activity In STX

STX – Bearish flow noted in Seagate (55.62 -0.28) with 10,285 puts trading, or 2x expected. The Put/Call Ratio is 2.07, while ATM IV is up nearly 2 points on the day. Earnings are expected on 01/24. The JAN 20th 54.00 Puts are active.