Bearish flow noted in Anavex with 2,135 puts trading, or 1.2x expected. Most active are Jan-24 5 puts and Dec-23 5 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.41, while ATM IV is up nearly 6 points on the day. Earnings are expected on February 6th.
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