Bearish flow noted in Peabody Energy with 5,412 puts trading, or 3x expected. Most active are Jul-23 25 puts and Jan-23 37 calls, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 1 point on the day. Earnings are expected on February 9th.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BTU:
- Elliott made Triple Flag Precious Metals top holding during Q3
- PIC AU HOLDINGS LLC AND PIC AU HOLDINGS CORPORATION, WHOLLY-OWNED SUBSIDIARIES OF PEABODY, ANNOUNCE AN UPSIZE TO THEIR PREVIOUSLY ANNOUNCED OFFER TO PURCHASE THEIR 10.000% SENIOR SECURED TERM LOAN DUE 2024 TO UP TO ANY AND ALL OUTSTANDING TERM LOAN DEBT
- Peabody Energy, Coronado Global Resources end talks over potential merger
- PEABODY HAS NOT ISSUED EARNINGS FOR THE QUARTER ENDED SEPTEMBER 30, 2022