Bearish flow noted in Pan American Silver with 13,588 puts trading, or 8x expected. Most active are Mar-23 18 puts and Apr-23 17 puts, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 3.01, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 22nd.
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Published first on TheFly
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