Bearish flow noted in Ebix with 3,383 puts trading, or 1.4x expected. Most active are Nov-23 5 puts and Nov-23 5.5 puts, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 4.00, while ATM IV is up nearly 6 points on the day. Earnings are expected on November 9th.
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