Bearish flow noted in Teck Resources with 6,970 puts trading, or 3x expected. Most active are Apr-24 44.5 puts and 5/3 weekly 41 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 4.48, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.
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