Bearish flow noted in Hess Corp. with 1,390 puts trading, or 1.5x expected. Most active are Jan-24 115 puts and Jan-25 75 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 7.55, while ATM IV is up over 1 point on the day. Earnings are expected on January 31st.
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