Bearish flow noted in New Fortress Energy (NFE) with 4,069 puts trading, or 8x expected. Most active are Jan-26 6 puts and Jan-26 10 calls, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 1.64, while ATM IV is up over 1 point on the day. Earnings are expected on May 14th.
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