Bearish flow noted in Akamai (AKAM) with 1,508 puts trading, or 2x expected. Most active are Apr-26 99 puts and May-26 120 calls, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 2.31, while ATM IV is up nearly 6 points on the day. Earnings are expected on May 7th.
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