Bearish flow noted in Figma (FIG) Inc with 11,510 puts trading, or 4x expected. Most active are Sep-26 17.5 puts and Jul-26 17.5 puts, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 2.08, while ATM IV is up nearly 5 points on the day. Earnings are expected on April 29th.
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