Schaeffers Investment Research·2026-01-14 15:50Group 1 - Trip.com Group Ltd's stock has decreased by 16%, trading at $63.59, following the announcement of an antitrust probe by China's business regulator over suspected monopoly practices [1] - The stock is experiencing its largest single-day percentage loss since November 8, 2018, and is at its lowest level since August, breaking below the 120-day moving average [1] - Year-over-year, the stock is falling into negative territory, indicating a decline in performance [1] Group 2 - Options traders are exhibiting a more bearish sentiment, with a 50-day put/call volume ratio of 1.05, ranking higher than 97% of readings from the past year [2] - Today's options activity shows 11,000 calls and 11,000 puts traded, which is 73 times the intraday average, indicating significant trading volume [3] - The most active options contract is the January 16, 2026, 65-strike call, with new positions being sold to open, suggesting interest in future price movements [3]