Option traders moderately bearish in Nu Holdings with shares down 0.31%

Option traders moderately bearish in Nu Holdings (NU), with shares down 6c near $17.55. Options volume relatively light with 4880 contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 3.3 points near 35.28,in the bottom quartile of the past year, suggesting an expected daily move of $0.39. Put-call skew steepened, indicating increased demand for downside protection.