Bearish flow noted in Nutrien with 1,049 puts trading, or 1.8x expected. Most active are Sep-23 80 puts and 3/10 weekly 69 puts, with total volume in those strikes near 630 contracts. The Put/Call Ratio is 3.10, while ATM IV is up over 2 points on the day. Earnings are expected on February 15th.
Published first on TheFly
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