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Fluence Energy put volume heavy and directionally bearish

Bearish flow noted in Fluence Energy (FLNC) with 8,912 puts trading, or 6x expected. Most active are Feb-26 5 puts and May-26 5 puts, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 2.28, while ATM IV is up over 6 points on the day. Earnings are expected on November 24th.

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