Bearish flow noted in Kinder Morgan with 4,209 puts trading, or 1.4x expected. Most active are 9/13 weekly 22 puts and Oct-24 22 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 1 point on the day. Earnings are expected on October 16th.
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