Bearish flow noted in Airbnb with 7,913 puts trading, or 2x expected. Most active are Apr-24 155 puts and 4/12 weekly 160 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 2 points on the day. Earnings are expected on May 7th.
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