Bearish flow noted in Coca Cola with 13,908 puts trading, or 3x expected. Most active are 9/22 weekly 58 puts and 9/22 weekly 57 puts, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 1.77, while ATM IV is up over 2 points on the day. Earnings are expected on October 25th.
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