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NexGen Energy put volume heavy and directionally bearish

Bearish flow noted in NexGen Energy (NXE) with 4,384 puts trading, or 5x expected. Most active are Feb-26 10 puts and Mar-26 11 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.10, while ATM IV is up over 2 points on the day.

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