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Halliburton put volume heavy and directionally bearish

Bearish flow noted in Halliburton with 5,677 puts trading, or 2x expected. Most active are Jan-24 34 puts and Jan-24 39.5 calls, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 2 points on the day. Earnings are expected on January 23rd.

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