Bearish flow noted in Roblox with 15,382 puts trading, or 1.5x expected. Most active are Mar-23 36 puts and Mar-23 36.5 puts, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 1.58, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 10th.
Published first on TheFly
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