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Kinross Gold put volume heavy and directionally bearish

Bearish flow noted in Kinross Gold with 6,549 puts trading, or 5x expected. Most active are Jan-24 5 puts and Jan-24 4 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 3.72, while ATM IV is up over 2 points on the day. Earnings are expected on February 14th.

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