Bearish flow noted in CNX Resources (CNX) with 2,555 puts trading, or 1.8x expected. Most active are Dec-24 38 puts and Dec-24 39 calls, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 365, while ATM IV is up over 1 point on the day. Earnings are expected on January 23rd.
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