Nutrien put volume heavy and directionally bearish
The Fly

Nutrien put volume heavy and directionally bearish

Bearish flow noted in Nutrien with 2,016 puts trading, or 3x expected. Most active are Jan-25 45 puts and 7/12 weekly 49 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 4.20, while ATM IV is up over 1 point on the day. Earnings are expected on August 7th.

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