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Roivant Sciences put volume heavy and directionally bearish

Bearish flow noted in Roivant Sciences with 1,203 puts trading, or 1.0x expected. Most active are Nov-24 10 puts and Nov-24 15 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 20.74, while ATM IV is up nearly 6 points on the day. Earnings are expected on June 28th.

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