Option traders moderately bearish in Nu Holdings (NU), with shares down 2c near $12.62. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.8, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 2.2 points near 46.75,and above the 52wk median, suggesting an expected daily move of $0.37. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Nu Holdings (NU) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NU:
- Mixed options sentiment in Nu Holdings with shares down 0.9%
- Option traders moderately bearish in Nu Holdings with shares down 1.5%
- Nubank names Ethan Eismann as first Chief Design Officer
- Moderately bullish activity in Nu Holdings with shares up 1.37%
- BMNR, COIN, XYZ: Cathie Wood Bets $174M on Ethereum’s BMNR, Trims Bitcoin Giants