CGEM Unusual Options Activity - Cullinan Therapeutics

AI summary

On June 9, 2026, Cullinan Therapeutics, Inc. (CGEM) experienced notable options activity with a significant print in put options. A single transaction involved the purchase of 3,126 contracts of the CGEM put option with a strike price of $10, expiring on June 18, 2026. The total premium for this transaction was reported at $31,260, indicating a notable interest in downside protection or bearish sentiment. The volume-to-open interest ratio for this trade stood at 3.7, suggesting that the volume was relatively high compared to the existing open interest, which may reflect a fresh position being established. This activity occurred on a day when CGEM had recorded two active days in the last 30, highlighting a potential increase in trading interest. The absence of call activity on this day further emphasizes the focus on put options.

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