10/2/2023-Unusual Options Activity In EBAY

$EBAY- Bearish flow noted in EBay (43.57 -0.52) with 5,480 puts trading, or 3x expected. The Put/Call Ratio is 1.58, while ATM IV is up nearly 3 points on the day. Earnings are expected on 10/25. The Oct 6th 44.00 & 43.50 Puts are being bought.