Bearish flow noted in Etsy (ETSY) with 8,054 puts trading, or 2x expected. Most active are 8/29 weekly 63 puts and Oct-25 60 puts, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 2.99, while ATM IV is up over 1 point on the day. Earnings are expected on October 29th.
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