Gold Fields put volume heavy and directionally bearish

Bearish flow noted in Gold Fields with 2,522 puts trading, or 4x expected. Most active are Feb-24 14 puts and Jan-25 15 calls, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 2 points on the day. Earnings are expected on February 22nd.

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