8/7/2024-Unusual Options Activity In MNST

$MNST-Bearish flow noted in Monster Beverage (51.32 +0.52) with 4,564 puts trading, or 8x expected. The Put/Call Ratio is 4.74, while ATM IV is up nearly 2 points on the day. Earnings are expected on 08/07. The AUG 9th 51.00 & 50.00 Puts are active