Bearish flow noted in Airbnb with 6,481 puts trading, or 1.0x expected. Most active are 8/11 weekly 130 puts and Aug-23 125 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.63, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 7th.
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