ACM Research put volume heavy and directionally bearish
Bearish flow noted in ACM Research with 1,005 puts trading, or 1.6x expected. Most active are Aug-26 100 puts and 7/10 weekly 84 puts, with total volume in those strikes near 550 contracts. The Put/Call Ratio is 2.07, while ATM IV is up over 6 points on the day. Earnings are expected on August 5th.