Bearish flow noted in Cassava Sciences with 10,063 puts trading, or 2x expected. Most active are Jan-25 7.5 puts and 10/4 weekly 20 puts, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 2.83, while ATM IV is up over 1 point on the day. Earnings are expected on November 11th.
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