Bearish flow noted in Genius Sports (GENI) with 7,788 puts trading, or 62x expected. Most active are Jul-25 7.5 puts and Apr-25 12.5 calls, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 8.85, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 8th.
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