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Deutsche Bank put volume heavy and directionally bearish

Bearish flow noted in Deutsche Bank with 17,984 puts trading, or 8x expected. Most active are Mar-24 12 puts and Mar-24 13 puts, with total volume in those strikes near 14,800 contracts. The Put/Call Ratio is 15.89, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.

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