Bearish flow noted in NextEra Energy with 15,561 puts trading, or 1.8x expected. Most active are 10/11 weekly 45 puts and Nov-24 82.5 puts, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 1.95, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 22nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEE:
- NextEra Energy price target raised to $80 from $76 at Barclays
- NextEra Energy price target raised to $90 from $87 at Morgan Stanley
- NextEra Energy put volume heavy and directionally bearish
- Charged: Analysts weigh in on Tesla Q3 deliveries, robotaxi event
- NextEra Energy initiated with a Hold at Jefferies