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Neumora Therapeutics Inc put volume heavy and directionally bearish

Bearish flow noted in Neumora Therapeutics (NMRA) Inc with 6,521 puts trading, or 9x expected. Most active are Jan-25 5 puts and Jan-25 7.5 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 6.25, while ATM IV is up nearly 29 points on the day. Earnings are expected on March 6th.

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