Bearish flow noted in Endeavor Group Holdings with 6,663 puts trading, or 1.5x expected. Most active are Dec-23 22.5 puts and Dec-23 25 calls, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 7.91, while ATM IV is up over 1 point on the day. Earnings are expected on February 28th.
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