Bearish flow noted in Bill.com Holdings with 3,110 puts trading, or 1.6x expected. Most active are 3/8 weekly 60 puts and Mar-24 60 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 4.46, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 9th.
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