Bearish flow noted in Nextracker (NXT) Inc with 4,156 puts trading, or 6x expected. Most active are Jun-25 50 puts and Jun-25 55 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.77, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 31st.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXT:
- Charged: Tesla to restart shipping Chinese parts for U.S. production
- Charter to combine with Cox, Take-Two reports mixed Q4 results: Morning Buzz
- Nextracker price target raised to $64 from $58 at Barclays
- Nextracker Shines in Earnings Call with Record Revenue
- Dick’s to acquire Foot Locker, Walmart reports Q1 beat: Morning Buzz