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VIZIO Holding Corp put volume heavy and directionally bearish

Bearish flow noted in VIZIO Holding Corp with 12,190 puts trading, or 9x expected. Most active are Aug-24 10 puts and Aug-24 11 puts, with total volume in those strikes near 11,900 contracts. The Put/Call Ratio is 283, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 8th.

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