Bearish flow noted in Diamondback Energy with 3,742 puts trading, or 4x expected. Most active are Sep-23 110 puts and Sep-23 107.85 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 2.81, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 6th.
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