Bearish flow noted in KE Holdings (BEKE) with 4,389 puts trading, or 2x expected. Most active are Aug-25 18 puts and 8/22 weekly 19 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 3.63, while ATM IV is up over 2 points on the day. Earnings are expected on August 11th.
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