Bearish flow noted in Medical Properties Trust with 28,270 puts trading, or 2x expected. Most active are Jul-23 6 puts and Jul-23 7 puts, with total volume in those strikes near 20,200 contracts. The Put/Call Ratio is 2.84, while ATM IV is up over 3 points on the day. Earnings are expected on April 27th.
Published first on TheFly
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