Bearish flow noted in Coeur Mining (CDE) with 4,236 puts trading, or 4x expected. Most active are Dec-25 5 puts and Jun-25 5 calls, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 1.75, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 30th.
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