Bearish flow noted in NextEra Energy with 6,400 puts trading, or 1.5x expected. Most active are Jun-23 75 puts and Jun-23 92.5 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 3.43, while ATM IV is up over 1 point on the day. Earnings are expected on January 25th.
Published first on TheFly
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