Bearish flow noted in Suncor with 3,549 puts trading, or 1.1x expected. Most active are Oct-23 30 puts and Oct-23 35 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 2 points on the day. Earnings are expected on November 8th.
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