Bearish flow noted in EOG Resources (EOG) with 2,648 puts trading, or 1.8x expected. Most active are May-25 100 puts and 5/2 weekly 106 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 4.61, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 1st.
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