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NextEra Energy put volume heavy and directionally bearish

Bearish flow noted in NextEra Energy with 34,256 puts trading, or 5x expected. Most active are Dec-24 72.5 puts and Oct-24 85 calls, with total volume in those strikes near 20,800 contracts. The Put/Call Ratio is 1.89, while ATM IV is up over 1 point on the day. Earnings are expected on October 22nd.

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