Bearish flow noted in New Fortress Energy (NFE) with 6,315 puts trading, or 1.6x expected. Most active are 12/13 weekly 10 puts and Jan-25 12 puts, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 3.84, while ATM IV is up over 9 points on the day. Earnings are expected on February 27th.
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