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Electronic Arts put volume heavy and directionally bearish

Bearish flow noted in Electronic Arts (EA) with 5,640 puts trading, or 3x expected. Most active are Jun-25 125 puts and May-25 160 calls, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 1.78, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 6th.

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