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Constellation Energy put volume heavy and directionally bearish

Bearish flow noted in Constellation Energy with 4,344 puts trading, or 7x expected. Most active are Jul-24 190 puts and Jun-24 210 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 1.62, while ATM IV is up nearly 4 points on the day. Earnings are expected on August 8th.

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