Bearish flow noted in Intuitive Machines Inc with 1,613 puts trading, or 1.6x expected. Most active are May-24 5 puts and May-24 3 puts, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 2.80, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 9th.
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