Bearish flow noted in NextEra Energy Partners (NEP) with 2,279 puts trading, or 2x expected. Most active are Dec-24 22.5 puts and Nov-24 19 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 6.37, while ATM IV is up nearly 3 points on the day. Earnings are expected on January 23rd.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEP:
- Charged: Tesla rises after quarterly results on earnings growth
- NextEra Energy Partners price target lowered to $14 from $15 at Seaport
- Guggenheim downgrades NextEra Energy Partners after ‘lackluster’ Q3
- NextEra Energy Partners downgraded to Neutral from Buy at Guggenheim
- Verizon downgraded, Canadian Pacific upgraded: Wall Street’s top analyst calls