Bearish flow noted in Nutrien with 1,237 puts trading, or 1.1x expected. Most active are Sep-24 37.5 puts and 9/13 weekly 47 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.85, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 6th.
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