Bearish flow noted in American Airlines with 63,302 puts trading, or 2.0x expected. Most active are Apr-24 13.5 puts and Apr-24 13 puts, with total volume in those strikes near 23,700 contracts. The Put/Call Ratio is 2.56, while ATM IV is up over 3 points on the day. Earnings are expected on April 25th.
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