Bearish flow noted in Nutrien (NTR) with 5,758 puts trading, or 5x expected. Most active are Mar-25 45 puts and 2/7 weekly 51 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 19.00, while ATM IV is up over 2 points on the day. Earnings are expected on February 19th.
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