Bearish flow noted in Peabody Energy with 10,133 puts trading, or 3x expected. Most active are 11/10 weekly 20 puts and 10/27 weekly 25.5 calls, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 1.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 26th.
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