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Kinross Gold put volume heavy and directionally bearish

Bearish flow noted in Kinross Gold with 6,667 puts trading, or 10x expected. Most active are Feb-24 5 puts and May-24 5.5 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 3.98, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 14th.

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