Bearish flow noted in AMC Entertainment with 121,262 puts trading, or 1.4x expected. Most active are 4/28 weekly 2 puts and 4/28 weekly 3 puts, with total volume in those strikes near 57,700 contracts. The Put/Call Ratio is 1.95, while ATM IV is up nearly 14 points on the day. Earnings are expected on May 9th.
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