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Match Group put volume heavy and directionally bearish

Bearish flow noted in Match Group with 12,246 puts trading, or 3x expected. Most active are Apr-24 35 puts and Apr-24 36 calls, with total volume in those strikes near 13,500 contracts. The Put/Call Ratio is 1.80, while ATM IV is up nearly 4 points on the day. Earnings are expected on April 30th.

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