Bearish flow noted in Enterprise Products (EPD) with 4,500 puts trading, or 2x expected. Most active are 4/11 weekly 33 puts and May-25 32 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 1.69, while ATM IV is up over 3 points on the day. Earnings are expected on April 29th.
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