Bearish flow noted in Ebix with 3,415 puts trading, or 6x expected. Most active are 10/6 weekly 9 puts and 9/22 weekly 11 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.21, while ATM IV is up nearly 6 points on the day. Earnings are expected on November 9th.
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