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Nucor put volume heavy and directionally bearish
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Nucor put volume heavy and directionally bearish

Bearish flow noted in Nucor with 1,036 puts trading, or 1.1x expected. Most active are Mar-24 185 puts and 3/8 weekly 185 puts, with total volume in those strikes near 700 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.

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