Big block of March 7.5 puts in Live Nation (LYV) was canceled and a block of 20,000 Apr 7.5 puts went up for 20 cents per contract instead. So, the flow appears to be a roll down in strikes within the same expiration month (see 10:09 color).
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.