Bearish flow noted in Anheuser Busch with 2,791 puts trading, or 1.2x expected. Most active are 5/31 weekly 62 puts and Jun-24 59 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.88, while ATM IV is up over 1 point on the day. Earnings are expected on August 1st.
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