Bearish flow noted in Teck Resources (TECK) with 4,342 puts trading, or 6x expected. Most active are May-25 35 puts and May-25 33 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 3.42, while ATM IV is up over 8 points on the day. Earnings are expected on April 24th.
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