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Deutsche Bank put volume heavy and directionally bearish

Bearish flow noted in Deutsche Bank with 118,919 puts trading, or 15x expected. Most active are Apr-23 9 puts and May-23 8 puts, with total volume in those strikes near 63,700 contracts. The Put/Call Ratio is 7.42, while ATM IV is up over 54 points on the day. Earnings are expected on April 27th.

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Published first on TheFly

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