Bearish flow noted in Credo Technology (CRDO) Group with 4,914 puts trading, or 1.8x expected. Most active are Apr-25 40 puts and Apr-25 35 puts, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 2.21, while ATM IV is up over 6 points on the day. Earnings are expected on May 28th.
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