Bearish flow noted in Nu Holdings (NU) with 7,805 puts trading, or 1.2x expected. Most active are Jan-26 16 puts and Apr-26 20 calls, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 1.60, while ATM IV is up over 2 points on the day. Earnings are expected on February 25th.
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