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Deutsche Bank put volume heavy and directionally bearish

Bearish flow noted in Deutsche Bank with 15,876 puts trading, or 6x expected. Most active are Feb-23 11 puts and Jan-23 11 puts, with total volume in those strikes near 14,800 contracts. The Put/Call Ratio is 4.53, while ATM IV is up over 3 points on the day. Earnings are expected on February 2nd.

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Published first on TheFly

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