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Roivant Sciences put volume heavy and directionally bearish
The Fly

Roivant Sciences put volume heavy and directionally bearish

Bearish flow noted in Roivant Sciences with 3,918 puts trading, or 5x expected. Most active are Jan-24 10 puts and Aug-24 11 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 16.39, while ATM IV is up over 1 point on the day. Earnings are expected on February 12th.

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