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Crispr Therapeutics put volume heavy and directionally bearish

Bearish flow noted in Crispr Therapeutics with 2,171 puts trading, or 2x expected. Most active are Nov-23 40 puts and Jan-24 35 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 1.51, while ATM IV is up nearly 9 points on the day. Earnings are expected on October 31st.

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