Bearish flow noted in Teck Resources (TECK) with 2,990 puts trading, or 7x expected. Most active are 11/29 weekly 44 puts and Mar-25 40 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 4.87, while ATM IV is up over 3 points on the day. Earnings are expected on February 19th.
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