Bearish flow noted in Ebix with 3,060 puts trading, or 1.6x expected. Most active are 10/6 weekly 8 puts and 10/6 weekly 17 calls, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 2.72, while ATM IV is up over 1 point on the day. Earnings are expected on November 9th.
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