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Akero Therapeutics put volume heavy and directionally bearish

Bearish flow noted in Akero Therapeutics with 7,531 puts trading, or 3x expected. Most active are Nov-23 45 puts and Nov-23 35 puts, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 18.92, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 3rd.

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