Bearish flow noted in Suncor with 2,537 puts trading, or 1.7x expected. Most active are Jul-24 35 puts and Jun-24 31 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.80, while ATM IV is up over 1 point on the day. Earnings are expected on August 21st.
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