Bearish flow noted in Antero Resources (AR) with 15,024 puts trading, or 16x expected. Most active are Jan-26 25 puts and Jan-26 27 puts, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 5.69, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 30th.
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