Bearish flow noted in Peabody Energy with 6,204 puts trading, or 7x expected. Most active are Jan-24 16 puts and 8/4 weekly 23 calls, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 5.88, while ATM IV is up over 2 points on the day. Earnings are expected on November 2nd.
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