Bearish flow noted in New Fortress Energy (NFE) with 6,336 puts trading, or 4x expected. Most active are May-25 5.5 puts and May-25 8 calls, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 3.37, while ATM IV is up over 19 points on the day. Earnings are expected on May 14th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NFE: