EOG Resources put volume heavy and directionally bearish

Bearish flow noted in EOG Resources with 2,934 puts trading, or 1.6x expected. Most active are 9/13 weekly 110 puts and Apr-25 115 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.62, while ATM IV is up over 3 points on the day. Earnings are expected on October 31st.

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