Bearish flow noted in New Fortress Energy (NFE) with 4,516 puts trading, or 2x expected. Most active are Jan-25 7 puts and Dec-24 8 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 4.21, while ATM IV is up over 2 points on the day. Earnings are expected on November 7th.
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