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NioCorp Developments LTD put volume heavy and directionally bearish

Bearish flow noted in NioCorp (NB) Developments LTD with 2,403 puts trading, or 1.8x expected. Most active are Nov-25 7.5 puts and Feb-26 10 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 1.66, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 11th.

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