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Monster Beverage put volume heavy and directionally bearish

Monster Beverage put volume heavy and directionally bearish

Bearish flow noted in Monster Beverage with 3,232 puts trading, or 3x expected. Most active are 8/9 weekly 51 puts and Sep-24 50 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.47, while ATM IV is up over 1 point on the day. Earnings are expected on August 7th.

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