Bearish flow noted in Teck Resources (TECK) with 3,207 puts trading, or 1.2x expected. Most active are Nov-25 40 puts and Mar-26 43 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 4.79, while ATM IV is up over 1 point on the day. Earnings are expected on October 22nd.
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