Bearish flow noted in EchoStar with 1,903 puts trading, or 1.8x expected. Most active are Jul-24 7.5 puts and Apr-24 15 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 12.44, while ATM IV is up over 1 point on the day. Earnings are expected on May 10th.
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