Bearish flow noted in Bill.com Holdings with 1,610 puts trading, or 1.7x expected. Most active are 6/23 weekly 107 puts and Jul-23 99 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 5.21, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 17th.
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