Cerebras Systems (CBRS) 16998 contracts of August 115 puts trade, share price down 17.5%

Cerebras Systems (NASDAQ: CBRS) 30-day option implied volatility is at 97; compared to its 52-week range of 29 to 126. Call put ratio 1.4 calls to 1 put with a focus 16998 contracts of August 115 puts as share price down 17.5%.

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