Bearish flow noted in T Mobile with 2,464 puts trading, or 2x expected. Most active are Apr-23 149 calls and Apr-23 141 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.17, while ATM IV is up over 1 point on the day. Earnings are expected on April 27th.
Published first on TheFly
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