Bearish flow noted in Regulus (RGLS) with 3,263 puts trading, or 1.8x expected. Most active are Nov-25 7 puts and Nov-25 7 calls, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 1 point on the day. Earnings are expected on May 8th.
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