Bearish flow noted in Newsmax (NMAX) Inc. with 2,290 puts trading, or 3x expected. Most active are 6/6 weekly 17 puts and 6/6 weekly 18 puts, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 1.64, while ATM IV is up nearly 9 points on the day. Earnings are expected on August 7th.
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