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Akamai put volume heavy and directionally bearish

Bearish flow noted in Akamai (AKAM) with 1,207 puts trading, or 1.0x expected. Most active are Apr-26 110 puts and Apr-26 103 puts, with total volume in those strikes near 820 contracts. The Put/Call Ratio is 1.92, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 7th.

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