8/22/2024- Unusual Options Activity In Exelixis Inc (EXEL)

$EXEL-Bearish flow noted in Exelixis (25.97 -0.36) with 6,253 puts trading, or 6x expected. The Put/Call Ratio is 13.03, while ATM IV is up over 2 points on the day. Earnings are expected on 11/06. The January 2025 20.00 Puts are being bought.