Bearish flow noted in Agnico Eagle (AEM) with 1,343 puts trading, or 2x expected. Most active are 7/3 weekly 116 puts and 7/3 weekly 120 puts, with total volume in those strikes near 340 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 1 point on the day. Earnings are expected on July 30th.
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