Bearish flow noted in Monster Beverage (MNST) with 13,311 puts trading, or 4x expected. Most active are 5/23 weekly 62 puts and 5/23 weekly 61 puts, with total volume in those strikes near 8,500 contracts. The Put/Call Ratio is 3.17, while ATM IV is up over 1 point on the day. Earnings are expected on August 11th.
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