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.
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