Bearish flow noted in Juniper (JNPR) Networks with 1,069 puts trading, or 1.1x expected. Most active are Jun-25 36 puts and Jun-25 36 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 14.25, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 24th.
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