Bearish flow noted in Airbnb (ABNB) with 10,145 puts trading, or 1.4x expected. Most active are May-25 110 puts and Apr-25 110 puts, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 1.59, while ATM IV is up over 2 points on the day. Earnings are expected on May 7th.
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