Bearish flow noted in UiPath (PATH) with 6,310 puts trading, or 6x expected. Most active are Jun-25 12.5 puts and 5/23 weekly 12.5 calls, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 5.19, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 29th.
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