Moderately bullish activity in Nu Holdings (NU), with shares up 20c, or 1.4%, near $14.85. Options volume nearly triple the daily average with 388k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 2.0 points near 32.28,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.30. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Outperform at Bradesco BBI.
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Read More on NU:
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