Bearish flow noted in Hess Corp. with 1,894 puts trading, or 1.3x expected. Most active are Jan-24 145 puts and Feb-24 150 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 2.37, while ATM IV is up over 1 point on the day. Earnings are expected on January 24th.
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