Bearish flow noted in Charter with 2,358 puts trading, or 3x expected. Most active are 6/28 weekly 275 puts and 6/28 weekly 340 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 1.68, while ATM IV is up nearly 4 points on the day. Earnings are expected on July 26th.
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