Halliburton put volume heavy and directionally bearish

Bearish flow noted in Halliburton with 3,920 puts trading, or 1.4x expected. Most active are Jul-23 30 puts and Jun-23 30.5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.38, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 25th.