Bearish flow noted in Caesars (CZR) with 1,891 puts trading, or 1.0x expected. Most active are 8/1 weekly 28 puts and Sep-25 25 puts, with total volume in those strikes near 720 contracts. The Put/Call Ratio is 3.16, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 4th.
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