NTNX is a long-bias setup into earnings
NTNX is a long-bias setup into earnings, but only if it can hold the upper-$40s after the May 27 print; otherwise the cleaner trade is a post-event failure setup back toward the low-$40s. The tape looks more like re-accumulation than fresh distribution, but elevated event IV argues for defined-risk verticals rather than naked premium. Market…
