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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 4,201 puts trading, or 1.5x expected. Most active are Oct-24 50 puts and Sep-24 49 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 4.54, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.

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