Bearish flow noted in EBay with 4,140 puts trading, or 1.2x expected. Most active are Jan-23 42 puts and Feb-23 45 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.29, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 1st.
Published first on TheFly
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