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NexGen Energy put volume heavy and directionally bearish

Bearish flow noted in NexGen Energy with 32,746 puts trading, or 33x expected. Most active are May-24 7 puts and May-24 8 calls, with total volume in those strikes near 32,500 contracts. The Put/Call Ratio is 4.15, while ATM IV is up over 5 points on the day.

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