Bearish flow noted in Peabody Energy with 6,500 puts trading, or 2.0x expected. Most active are 4/5 weekly 23.5 puts and Apr-24 19 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 2.03, while ATM IV is up over 3 points on the day. Earnings are expected on April 25th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTU:
- Biden mulls quicker close to coal-fired power plants, Bloomberg says
- Peabody Energy put volume heavy and directionally bearish
- Peabody Energy price target raised to $34 from $32 at B. Riley
- Elliott Management bought BioMarin and Etsy during Q4, exited Arm
- Peabody Board Declares Dividend on Common Stock