Bearish early flow in Medical Properties Trust. Shares of the hospital REIT up 29c, or 2.38%, this morning near $11.40 with call volume 7x normal near 7k contracts, vs 3700 puts, while spot volume is light near 1.25M shares. Largest trades appear directionally bearish, including a buyer of 2k Jan 6th 11.5 puts for 29c, possibly closing a 45c sale of similar size last month with shares above $12. Other large blocks include a sale of 2k Feb 13 calls for 46c via auction on Cboe, confirmed by open-close data to be an opening customer sale. Shares lost nearly 50% last year, earnings expected early Feb.
Published first on TheFly
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