Bearish flow noted in Ebix with 6,772 puts trading, or 1.4x expected. Most active are Dec-23 5 puts and Nov-23 5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.37, while ATM IV is up over 13 points on the day. Earnings are expected on November 9th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EBIX: