Target Hospitality Corp put volume heavy and directionally bearish
The Fly

Target Hospitality Corp put volume heavy and directionally bearish

Bearish flow noted in Target Hospitality Corp with 5,176 puts trading, or 13x expected. Most active are Nov-23 11 puts and Jan-24 14 calls, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 2.46, while ATM IV is up over 10 points on the day. Earnings are expected on November 8th.

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