Bearish flow noted in Expedia with 7,650 puts trading, or 1.9x expected. Most active are 11/3 weekly 87 puts and 11/3 weekly 96 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 3.39, while ATM IV is up over 1 point on the day. Earnings are expected on November 2nd.
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