Bearish flow noted in Suncor (SU) with 1,235 puts trading, or 1.7x expected. Most active are Jan-25 32 puts and Nov-24 40 calls, with total volume in those strikes near 930 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 2 points on the day. Earnings are expected on November 12th.
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