Bearish flow noted in Samsara (IOT) with 5,640 puts trading, or 2x expected. Most active are 5/30 weekly 40 puts and 5/30 weekly 44 calls, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 2.69, while ATM IV is up nearly 12 points on the day. Earnings are expected on June 5th.
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