Huntsman put volume heavy and directionally bearish

Bearish flow noted in Huntsman with 20,704 puts trading, or 41x expected. Most active are Aug-24 22 puts and Jan-25 22 puts, with total volume in those strikes near 20,600 contracts. The Put/Call Ratio is 592, while ATM IV is up over 1 point on the day. Earnings are expected on August 5th.