Bearish flow noted in Pinterest with 19,223 puts trading, or 3x expected. Most active are 5/3 weekly 31 puts and 5/3 weekly 32 puts, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 2.26, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
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