Bearish flow noted in Medical Properties Trust with 8,983 puts trading, or 1.2x expected. Most active are May-23 8 puts and May-23 7 puts, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 3.67, while ATM IV is up over 1 point on the day. Earnings are expected on April 27th.
Published first on TheFly
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