Bearish flow noted in Applied Therapeutics with 3,122 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 3,100 contracts. The Put/Call Ratio is 28.64, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 7th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APLT:
- Applied Therapeutics call volume above normal and directionally bullish
- 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’