Bearish flow noted in Yamana Gold with 2,400 puts trading, or 22x expected. Most active are Jan-24 5.5 puts and 1/13 weekly 6 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.86, while ATM IV is up nearly 4 points on the day.
Published first on TheFly
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