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Bloom Energy put volume heavy and directionally bearish

Bearish flow noted in Bloom Energy with 3,133 puts trading, or 1.5x expected. Most active are May-24 6 puts and Jan-25 5 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 4.63, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 10th.

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