Bearish flow noted in NextEra Energy with 2,878 puts trading, or 1.7x expected. Most active are Jan-23 80 puts and Jun-23 80 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.98, while ATM IV is up over 1 point on the day. Earnings are expected on January 25th.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on NEE:
- ‘Stay defensively oriented in healthcare, staples, and utilities stocks’: Morgan Stanley suggests 3 names to buy
- 3 Alternative Energy Stocks That Could Power Higher in 2023
- NextEra Energy Partners, LP announces agreement to acquire an approximately 1,080-megawatt net interest in a portfolio of long-term contracted renewables projects and enters into new convertible equity portfolio financing
- Republican Virginia Foxx Sold These 2 Energy Stocks in October
- Catch These 5 Analysts’ Favorite Stocks Before Their Ex-Dividend Dates