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Crispr Therapeutics call volume above normal and directionally bullish

Bullish option flow detected in Crispr Therapeutics (CRSP) with 6,908 calls trading, 3x expected, and implied vol increasing almost 4 points to 63.88%. 6/6 weekly 40 calls and Jun-25 40 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.14. Earnings are expected on August 5th.

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