Bearish flow noted in Nutrien with 8,104 puts trading, or 5x expected. Most active are Apr-24 47.5 puts and 4/26 weekly 60 calls, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 5.31, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 8th.
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