10/16/2023-Unusual Options Activity In SAVA

$SAVA-Bearish flow noted in Cassava Sciences (12.98 -1.88) with 7,059 puts trading, or 6x expected. The Put/Call Ratio is 1.57, while ATM IV is up over 7 points on the day. Earnings are expected on 11/06. The NOV 17th 10.00 Puts are active.