Bearish flow noted in AES Corp. (AES) with 7,455 puts trading, or 3x expected. Most active are Apr-25 12 puts and Jun-25 13 calls, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on May 8th.
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