Bearish flow noted in Sable Offshore (SOC) Corp with 10,933 puts trading, or 8x expected. Most active are Jan-27 17.5 puts and Aug-25 25 calls, with total volume in those strikes near 11,300 contracts. The Put/Call Ratio is 8.10, while ATM IV is up nearly 3 points on the day. Earnings are expected on August 13th.
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