Bearish flow noted in Wayfair (W) with 2,922 puts trading, or 1.1x expected. Most active are 4/10 weekly 72 puts and Apr-26 70 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.46, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 30th.
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