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EOG Resources put volume heavy and directionally bearish

Bearish flow noted in EOG Resources (EOG) with 7,404 puts trading, or 3x expected. Most active are Jun-25 105 puts and 6/6 weekly 108 puts, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 6.72, while ATM IV is up over 1 point on the day. Earnings are expected on August 7th.

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