Bearish flow noted in Peabody Energy with 6,990 puts trading, or 1.6x expected. Most active are Jan-24 25 calls and Jul-24 25 calls, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 3 points on the day. Earnings are expected on February 13th.
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