Bearish flow noted in Fluence Energy (FLNC) with 1,444 puts trading, or 1.3x expected. Most active are May-25 5 puts and May-25 4 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 1.73, while ATM IV is up over 4 points on the day. Earnings are expected on August 6th.
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