Bearish flow noted in Nextnav (NN) Inc with 7,548 puts trading, or 14x expected. Most active are Apr-25 9 puts and Apr-25 15 puts, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 9.07, while ATM IV is up over 8 points on the day. Earnings are expected on May 14th.
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