Bearish flow noted in United Rentals with 3,436 puts trading, or 1.5x expected. Most active are Apr-23 330 puts and Apr-23 350 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 1 point on the day. Earnings are expected on April 26th.
Published first on TheFly
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