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Antero Resources put volume heavy and directionally bearish

Bearish flow noted in Antero Resources with 4,927 puts trading, or 1.9x expected. Most active are Jul-23 20.5 puts and Jul-23 24 calls, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 1.53, while ATM IV is up over 1 point on the day. Earnings are expected on July 26th.

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