Bearish flow noted in Nu Holdings with 10,861 puts trading, or 3x expected. Most active are Sep-24 10 puts and Sep-24 11 puts, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 2.54, while ATM IV is up nearly 3 points on the day. Earnings are expected on August 13th.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NU:
- Nu Holdings Schedules AGM for Shareholder Voting
- Itaú Unibanco Stock (NYSE:ITUB): High Efficiency, Attractive Dividend Make It Enticing
- Unusually active option classes on open June 27th
- Nu Holdings call volume above normal and directionally bullish
- Nubank acquires data intelligence company Hyperplane, terms not disclosed