5/10/2023-Unusual Options Activity In U

$TRUP – Bearish flow noted in Trupanion (23.18 -1.04) with 3,244 puts trading, or 1.8x expected. The Put/Call Ratio is 7.80, while ATM IV is up nearly 2 points on the day. Earnings are expected on 08/09. The JUN 20.00 PUTS are active.