Bearish flow noted in Hawaiian Electric with 2,547 puts trading, or 1.9x expected. Most active are 2/23 weekly 12 puts and 2/23 weekly 13.5 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 2.21, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.
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