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Duke Energy put volume heavy and directionally bearish

Bearish flow noted in Duke Energy (DUK) with 3,024 puts trading, or 1.9x expected. Most active are Apr-25 100 puts and May-25 110 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 2.59, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 6th.

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