Bearish flow noted in Antero Resources (AR) with 35,946 puts trading, or 17x expected. Most active are May-25 25 puts and Sep-25 29 puts, with total volume in those strikes near 26,600 contracts. The Put/Call Ratio is 4.34, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
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