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Medical Properties Trust put volume heavy and directionally bearish

Bearish flow noted in Medical Properties Trust with 19,560 puts trading, or 3x expected. Most active are Mar-23 10 puts and Feb-23 11 puts, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 11.63, while ATM IV is up over 2 points on the day. Earnings are expected on February 23rd.

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