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Barrick Gold put volume heavy and directionally bearish

Bearish flow noted in Barrick Gold with 39,073 puts trading, or 8x expected. Most active are Mar-24 15 puts and Jun-24 17 calls, with total volume in those strikes near 35,900 contracts. The Put/Call Ratio is 2.18, while ATM IV is up over 1 point on the day. Earnings are expected on February 14th.

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