Bearish flow noted in DraftKings with 13,853 puts trading, or 1.7x expected. Most active are 2/24 weekly 19 puts and Apr-23 15 puts, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 1.89, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 5th.
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