Bearish flow noted in Monster Beverage with 3,232 puts trading, or 3x expected. Most active are 8/9 weekly 51 puts and Sep-24 50 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.47, while ATM IV is up over 1 point on the day. Earnings are expected on August 7th.
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