Bearish flow noted in Icahn Enterprises with 3,985 puts trading, or 8x expected. Most active are Aug-24 15 puts and 8/2 weekly 17.5 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 2.31, while ATM IV is up over 8 points on the day. Earnings are expected on August 2nd.
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