Bearish flow noted in Bill (BILL).com Holdings with 1,433 puts trading, or 3x expected. Most active are 4/11 weekly 33 puts and May-26 55 calls, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.50, while ATM IV is up over 8 points on the day. Earnings are expected on May 1st.
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