Bearish flow noted in Star Bulk Carriers with 2,605 puts trading, or 2x expected. Most active are 12/30 weekly 20 puts and Jan-23 18 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 4.56, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 16th.
Published first on TheFly
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