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AES Corp. put volume heavy and directionally bearish

Bearish flow noted in AES Corp. with 5,090 puts trading, or 16x expected. Most active are Nov-24 16 puts and Nov-24 17 calls, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 8.12, while ATM IV is up over 3 points on the day. Earnings are expected on October 31st.

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