9/6/2024- Unusual Options Activity In Suncor (SU)

$SU-Bearish flow noted in Suncor (37.55 -0.45) with 4,654 puts trading, or 3x expected. The Put/Call Ratio is 2.99, while ATM IV is up over 1 point on the day. Earnings are expected on 11/07. The JAN 2026 30.00 Puts are being bought @1.92-1.99