Bearish flow noted in Replimune Group with 1,531 puts trading, or 1.3x expected. Most active are Dec-23 5 puts and Dec-23 10 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 20.69, while ATM IV is up nearly 24 points on the day. Earnings are expected on February 8th.
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