Bearish flow noted in EBay (EBAY) with 8,109 puts trading, or 6x expected. Most active are Aug-25 77.5 puts and Aug-25 72.5 puts, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 12.00, while ATM IV is up over 5 points on the day. Earnings are expected on July 30th.
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