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Teck Resources put volume heavy and directionally bearish
The Fly

Teck Resources put volume heavy and directionally bearish

Bearish flow noted in Teck Resources (TECK) with 2,652 puts trading, or 5x expected. Most active are 12/27 weekly 43 puts and 11/29 weekly 48 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 5.28, while ATM IV is up over 1 point on the day. Earnings are expected on February 19th.

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