Bearish flow noted in Medical Properties Trust (MPT), Inc with 12,367 puts trading, or 7x expected. Most active are Jan-27 3.5 puts and Jan-27 5 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 2.49, while ATM IV is up over 2 points on the day. Earnings are expected on July 30th.
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