Bearish flow noted in Pan American Silver with 1,198 puts trading, or 4x expected. Most active are Apr-23 17 puts and Apr-23 18 puts, with total volume in those strikes near 840 contracts. The Put/Call Ratio is 2.90, while ATM IV is up over 2 points on the day. Earnings are expected on February 22nd.
Published first on TheFly
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