Bearish flow noted in Nextracker (NXT) Inc with 4,770 puts trading, or 2x expected. Most active are Jan-26 60 puts and Jan-26 65 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.75, while ATM IV is up over 1 point on the day. Earnings are expected on October 29th.
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