Bearish flow noted in EBay (EBAY) with 8,796 puts trading, or 4x expected. Most active are 8/8 weekly 77 puts and 8/1 weekly 78 puts, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 2.43, while ATM IV is up over 3 points on the day. Earnings are expected on July 30th.
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