Bearish flow noted in Brinker (EAT) with 3,296 puts trading, or 4x expected. Most active are Jan-26 120 puts and Jan-27 145 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 20.86, while ATM IV is up over 1 point on the day. Earnings are expected on August 13th.
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