Bearish flow noted in Expedia with 1,204 puts trading, or 1.3x expected. Most active are Oct-24 110 puts and 10/11 weekly 150 puts, with total volume in those strikes near 570 contracts. The Put/Call Ratio is 1.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 7th.
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