Bearish flow noted in Scorpio Tankers with 5,763 puts trading, or 4x expected. Most active are Mar-24 60 puts and Jun-24 60 puts, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 1.57, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 30th.
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