Bearish flow noted in Sea Limited with 6,788 puts trading, or 1.2x expected. Most active are Jan-25 75 puts and 8/30 weekly 80 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 1.61, while ATM IV is up over 3 points on the day. Earnings are expected on November 12th.
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