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Target Hospitality Corp put volume heavy and directionally bearish
The Fly

Target Hospitality Corp put volume heavy and directionally bearish

Bearish flow noted in Target Hospitality Corp with 1,270 puts trading, or 3x expected. Most active are Oct-23 12.5 puts and Nov-23 11 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 4.06, while ATM IV is up over 1 point on the day. Earnings are expected on November 9th.

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