Bearish flow noted in DigitalOcean (DOCN) Holdings with 5,681 puts trading, or 4x expected. Most active are 4/24 weekly 80 puts and May-26 80 calls, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 1.92, while ATM IV is up over 5 points on the day. Earnings are expected on May 6th.
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