Bearish flow noted in Celestica (CLS) with 4,669 puts trading, or 3x expected. Most active are May-26 155 puts and Mar-26 250 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 4.37, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 23rd.
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