XIFR Stock put volume heavy and directionally bearish

Bearish flow noted in XIFR Stock with 2,604 puts trading, or 1.3x expected. Most active are Jul-25 8 puts and Mar-25 10 calls, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 2.86, while ATM IV is up over 1 point on the day. Earnings are expected on April 22nd.