Bearish flow noted in Celsius Holdings with 1,220 puts trading, or 1.4x expected. Most active are 3/10 weekly 80 puts and Apr-23 170 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.67, while ATM IV is up nearly 7 points on the day. Earnings are expected on May 9th.
Published first on TheFly
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