Bearish flow noted in Bristol Myers (BMY) Squibb with 13,765 puts trading, or 2x expected. Most active are Apr-25 60 puts and 4/4 weekly 60 puts, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 2.16, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 24th.
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