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Electronic Arts put volume heavy and directionally bearish

Electronic Arts put volume heavy and directionally bearish

Bearish flow noted in Electronic Arts (EA) with 5,612 puts trading, or 1.8x expected. Most active are Jun-25 135 puts and Jun-25 130 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 1.55, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 6th.

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