Mixed options sentiment in Nu Holdings (NU), with shares up 76c, or 5.42%, near $14.70. Options volume relatively light with 33k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.73. Implied volatility (IV30) dropped 2.29 near 42.41,and above the 52wk median, suggesting an expected daily move of $0.39. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at UBS.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NU:
- Nu could reach $100B valuation by year-end, says Morgan Stanley
- Nu Holdings upgraded to Buy from Neutral at UBS
- Moderately bullish activity in Nu Holdings with shares up 2.41%
- Nubank: Leveraging AI-Centric Transformation and Data Scale to Reinforce Growth and Competitive Moat
- Option traders moderately bearish in Nu Holdings with shares down 1.38%