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Constellation Energy put volume heavy and directionally bearish

Constellation Energy put volume heavy and directionally bearish

Bearish flow noted in Constellation Energy (CEG) with 12,914 puts trading, or 1.9x expected. Most active are Mar-25 320 puts and Mar-25 260 puts, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 2.60, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 3rd.

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