Bearish flow noted in Applied Therapeutics with 1,867 puts trading, or 3x expected. Most active are Nov-24 2.5 puts and Jan-25 2.5 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 267, while ATM IV is up over 2 points on the day. Earnings are expected on November 7th.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APLT:
- Applied Therapeutics put volume heavy and directionally bearish
- Unusually active option classes on open October 1st
- Biotech Alert: Searches spiking for these stocks today
- Citi ups Applied Therapeutics target, opens ‘positive catalyst watch’
- Eyes on Fed ahead of expected interest rate cut: Morning Buzz