Bearish flow noted in Medical Properties Trust with 13,796 puts trading, or 1.3x expected. Most active are 12/29 weekly 4.5 puts and Mar-24 4 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 2.14, while ATM IV is up over 2 points on the day. Earnings are expected on February 22nd.
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