Bearish flow noted in Nextracker Inc with 1,449 puts trading, or 1.8x expected. Most active are Mar-24 60 puts and Mar-24 50 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 3.25, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 15th.
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