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Electronic Arts put volume heavy and directionally bearish

Bearish flow noted in Electronic Arts with 2,949 puts trading, or 1.5x expected. Most active are 3/28 weekly 131 puts and Feb-24 140 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 1 point on the day. Earnings are expected on May 7th.

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