Bearish flow noted in New Fortress Energy (NFE) with 2,323 puts trading, or 1.4x expected. Most active are 3/7 weekly 9.5 puts and 3/7 weekly 11 puts, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 1 point on the day. Earnings are expected on March 3rd.
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