Roblox put volume heavy and directionally bearish

Bearish flow noted in Roblox with 20,153 puts trading, or 3x expected. Most active are Feb-23 42 calls and Sep-23 35 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 1.76, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 10th.