Bearish flow noted in Hut 8 (HUT) Mining with 18,327 puts trading, or 5x expected. Most active are Apr-26 55 puts and 4/2 weekly 54 puts, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 3.04, while ATM IV is up over 1 point on the day. Earnings are expected on May 7th.
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