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Sibanye Stillwater put volume heavy and directionally bearish
The Fly

Sibanye Stillwater put volume heavy and directionally bearish

Bearish flow noted in Sibanye Stillwater with 3,078 puts trading, or 6x expected. Most active are Oct-24 4 puts and May-24 6 calls, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 3.39, while ATM IV is up over 1 point on the day. Earnings are expected on August 29th.

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