Exelon (EXC) shares of the lower beta utility name are staying strong and forming a bull flag near highs to close out a solid Q1 as the name has rallied +17% but now potential to breakout above 44 for a quick move to 47 which was the summer 2022 high. A stronger trend break higher could eventually target 50 as the former high a few years back. EXC this week saw an opening sale of 300 June 2026 $45 puts for $4.60 and still has the 2900 September $45 calls in open interest from the buyers on 2/21 at $2.05.