Bearish flow noted in Hawaiian Electric with 10,630 puts trading, or 6x expected. Most active are Nov-23 12 puts and 12/8 weekly 9.5 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 2.84, while ATM IV is up nearly 5 points on the day. Earnings are expected on February 13th.
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