Bearish flow noted in EBay with 2,613 puts trading, or 1.8x expected. Most active are Aug-24 52.5 puts and Jun-24 55 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 2.16, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 31st.
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