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Fluence Energy put volume heavy and directionally bearish

Bearish flow noted in Fluence Energy (FLNC) with 3,573 puts trading, or 4x expected. Most active are Dec-25 16 puts and Dec-25 19 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.73, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 9th.

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