Bearish flow noted in Monster Beverage with 1,667 puts trading, or 1.6x expected. Most active are Dec-24 50 puts and 7/26 weekly 40.5 puts, with total volume in those strikes near 860 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 3 points on the day. Earnings are expected on August 1st.
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