3/7/2023-Unusual Options Activity In NSC

3/7/2023-Unusual Options Activity In NSC

$NSC – Bearish flow noted in Norfolk Southern (217.50 -4.92) with 1,692 puts trading, or 1.8x expected. The Put/Call Ratio is 3.65, while ATM IV is up over 1 point on the day. Earnings are expected on 04/25.

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