Bearish flow noted in Fluence Energy (FLNC) with 9,576 puts trading, or 5x expected. Most active are Jan-26 3 puts and Aug-25 4 puts, with total volume in those strikes near 8,500 contracts. The Put/Call Ratio is 3.57, while ATM IV is up over 2 points on the day. Earnings are expected on May 7th.
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