Options trading activity in Duke Energy (DUK, Financial) indicates a bearish sentiment as the volume of put options significantly increased. A total of 3,024 puts were traded, nearly doubling the expected amount at 1.9 times the usual level. This uptick in activity was primarily focused on the April 2025 $100 puts and the May 2025 $110 puts, which together accounted for nearly 1,400 contracts.
The Put/Call Ratio for Duke Energy stands at 2.59, reflecting a higher inclination towards put options over calls, further signaling bearish expectations among traders. Additionally, the at-the-money implied volatility (ATM IV) has risen by almost 3 points, indicating heightened uncertainty or expected movement in the stock price.
Investors and analysts are closely watching Duke Energy as its earnings report is scheduled for May 6th. This earnings announcement could potentially influence the sentiment and trading patterns observed in the options market.
