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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on PAAS:
- Pan American Silver reports FY22 silver production of 18.5M oz
- Proxy firms urge shareholders to vote for Yamana Gold, Pan American Silver deal
- Leading Proxy Advisory Firms, ISS and Glass Lewis, Support the Proposed Arrangement with Yamana and Agnico Eagle
- Pan American Silver upgraded to Outperform from Sector Perform at RBC Capital
- Pan American Silver call volume above normal and directionally bullish