Option traders moderately bearish in Nu Holdings with shares down 2.49%

Option traders moderately bearish in Nu Holdings (NU), with shares down 36c near $13.90. Options volume roughly in line with average with 53k contracts traded and puts leading calls for a put/call ratio of 1.11, compared to a typical level near 0.86. Implied volatility (IV30) dropped 0.31 near 47.44,in the top quartile of the past year, suggesting an expected daily move of $0.42. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Nu Holdings (NU) will report earnings after the close on 2026-05-14.Option markets are pricing in a 50% probability of a move greater than 7.2% or $1.00.