Bearish flow noted in Peabody Energy with 7,732 puts trading, or 1.6x expected. Most active are May-24 18 puts and May-24 20 puts, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 4.02, while ATM IV is up nearly 4 points on the day. Earnings are expected on April 25th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTU:
- Biden mulls quicker close to coal-fired power plants, Bloomberg says
- Peabody Energy put volume heavy and directionally bearish
- Peabody Energy price target raised to $34 from $32 at B. Riley
- Elliott Management bought BioMarin and Etsy during Q4, exited Arm
- Peabody Board Declares Dividend on Common Stock