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Akamai put volume heavy and directionally bearish

Bearish flow noted in Akamai (AKAM) with 5,361 puts trading, or 2x expected. Most active are Apr-25 60 puts and May-25 85 calls, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 11.03, while ATM IV is up over 9 points on the day. Earnings are expected on May 8th.

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