Bearish flow noted in Icahn Enterprises with 1,671 puts trading, or 3x expected. Most active are 8/9 weekly 17.5 puts and Sep-24 20 puts, with total volume in those strikes near 920 contracts. The Put/Call Ratio is 3.42, while ATM IV is up over 5 points on the day. Earnings are expected on August 7th.
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