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Ebix put volume heavy and directionally bearish
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Ebix put volume heavy and directionally bearish

Bearish flow noted in Ebix with 9,217 puts trading, or 12x expected. Most active are Nov-23 5 puts and 10/13 weekly 6 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 5.10, while ATM IV is up over 1 point on the day. Earnings are expected on November 9th.

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