NexGen Energy put volume heavy and directionally bearish

Bearish flow noted in NexGen Energy (NXE) with 8,710 puts trading, or 1.7x expected. Most active are May-25 7 puts and May-25 6 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 5.89, while ATM IV is up over 1 point on the day.

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