Bearish flow noted in Nutrien (NTR) with 5,814 puts trading, or 1.4x expected. Most active are 1/31 weekly 41 puts and Feb-25 51 puts, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 5.29, while ATM IV is up over 1 point on the day. Earnings are expected on February 19th.
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