Barrick Gold put volume heavy and directionally bearish

Bearish flow noted in Barrick Gold with 42,169 puts trading, or 7x expected. Most active are Jan-25 17 puts and Nov-24 15 puts, with total volume in those strikes near 23,100 contracts. The Put/Call Ratio is 1.69, while ATM IV is up over 1 point on the day. Earnings are expected on August 12th.