Bearish flow noted in NextEra Energy with 12,888 puts trading, or 5x expected. Most active are Jun-23 72.5 puts and Feb-23 70 puts, with total volume in those strikes near 8,300 contracts. The Put/Call Ratio is 4.15, while ATM IV is up over 2 points on the day. Earnings are expected on January 25th.
Published first on TheFly
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