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Electronic Arts put volume heavy and directionally bearish

Bearish flow noted in Electronic Arts with 2,884 puts trading, or 3x expected. Most active are 7/26 weekly 140 puts and 7/26 weekly 143 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.75, while ATM IV is up over 1 point on the day. Earnings are expected on July 30th.

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