Bearish flow noted in Hess Corp. with 8,055 puts trading, or 3x expected. Most active are Feb-24 110 puts and 12/8 weekly 135 calls, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 1.53, while ATM IV is up nearly 10 points on the day. Earnings are expected on January 24th.
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