The Fly

Pan American Silver put volume heavy and directionally bearish

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.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on PAAS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More