Option traders moderately bearish in Nu Holdings (NU), with shares down 16c near $14.85. Options volume relatively light with 7675 contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 1.1 points near 43.29,and above the 52wk median, suggesting an expected daily move of $0.40. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on NU:
- Unusually active option classes on open March 4th
- Nu Holdings price target lowered to $17.20 from $18.40 at UBS
- Option traders moderately bearish in Nu Holdings with shares down 2.93%
- Moderately bullish activity in Nu Holdings with shares up 1.9%
- Nu Holdings price target raised to $21 from $18 at Morgan Stanley