Bearish flow noted in TripAdvisor with 1,971 puts trading, or 1.5x expected. Most active are Jun-24 15 puts and Jun-24 12 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 6.96, while ATM IV is up over 1 point on the day. Earnings are expected on February 13th.
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