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INmune Bio put volume heavy and directionally bearish

Bearish flow noted in INmune Bio (INMB) with 1,880 puts trading, or 1.1x expected. Most active are Jul-25 2.5 puts and Jul-25 5 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 2.81, while ATM IV is up nearly 4 points on the day. Earnings are expected on July 31st.

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