Bearish flow noted in KKR (KKR) with 4,482 puts trading, or 1.2x expected. Most active are May-26 85 puts and Apr-26 75 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 2.11, while ATM IV is up nearly 5 points on the day. Earnings are expected on April 30th.
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