Bearish flow noted in Cassava Sciences (SAVA) with 3,180 puts trading, or 1.8x expected. Most active are 11/22 weekly 13 puts and 11/22 weekly 25 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.62, while ATM IV is up over 49 points on the day. Earnings are expected on March 3rd.
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