Bearish flow noted in Medical Properties Trust with 19,471 puts trading, or 3x expected. Most active are May-23 7 puts and Jun-23 6 puts, with total volume in those strikes near 15,900 contracts. The Put/Call Ratio is 4.90, while ATM IV is up over 2 points on the day. Earnings are expected on April 27th.
Published first on TheFly
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