Bearish flow noted in Array Technologies with 4,881 puts trading, or 5x expected. Most active are Apr-23 20 puts and May-23 30 calls, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 5.28, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 9th.
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Published first on TheFly
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