Bearish flow noted in B Riley Financial with 12,097 puts trading, or 1.1x expected. Most active are 8/30 weekly 5 puts and 9/6 weekly 6 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 2.67, while ATM IV is up over 9 points on the day. Earnings are expected on August 30th.
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