Bearish flow noted in EchoStar with 2,089 puts trading, or 1.0x expected. Most active are Dec-24 7.5 puts and Apr-24 12.5 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 9.16, while ATM IV is up nearly 6 points on the day. Earnings are expected on May 10th.
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