Bearish flow noted in Oscar Health (OSCR) with 12,114 puts trading, or 4x expected. Most active are 5/8 weekly 17.5 puts and May-26 16.5 puts, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 1.78, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 6th.
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