SolarEdge put volume heavy and directionally bearish

Bearish flow noted in SolarEdge with 4,292 puts trading, or 1.6x expected. Most active are 4/26 weekly 61 puts and Apr-24 58 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.51, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 2nd.