Bearish flow noted in Peabody Energy with 7,673 puts trading, or 1.1x expected. Most active are Jun-24 13 puts and 3/22 weekly 26 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 1.50, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 25th.
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