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AES Corp. put volume heavy and directionally bearish

Bearish flow noted in AES Corp. (AES) with 5,424 puts trading, or 1.6x expected. Most active are Jan-26 13 puts and 10/24 weekly 15 calls, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 2.18, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 4th.

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