Bearish flow noted in Medical Properties Trust with 11,836 puts trading, or 1.5x expected. Most active are Sep-23 8 puts and 8/25 weekly 8 puts, with total volume in those strikes near 7,900 contracts. The Put/Call Ratio is 2.68, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 26th.
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