Peabody Energy put volume heavy and directionally bearish
The Fly

Peabody Energy put volume heavy and directionally bearish

Bearish flow noted in Peabody Energy with 8,577 puts trading, or 1.5x expected. Most active are 2/23 weekly 23.5 puts and Jan-25 25 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 1.50, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 25th.

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