Bearish flow noted in Doximity (DOCS) with 1,381 puts trading, or 1.1x expected. Most active are May-25 45 puts and May-25 57.5 puts, with total volume in those strikes near 730 contracts. The Put/Call Ratio is 7.98, while ATM IV is up over 1 point on the day. Earnings are expected on May 15th.
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