Bearish flow noted in Lionsgate Studios (LION) Corp with 1,625 puts trading, or 5x expected. Most active are May-26 13 puts and May-26 8 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 85.53, while ATM IV is up over 4 points on the day. Earnings are expected on May 21st.
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