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EOG Resources put volume heavy and directionally bearish
The Fly

EOG Resources put volume heavy and directionally bearish

Bearish flow noted in EOG Resources with 2,433 puts trading, or 1.4x expected. Most active are Jul-24 125 puts and 5/31 weekly 114 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.04, while ATM IV is up over 1 point on the day. Earnings are expected on August 1st.

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