Bullish option flow detected in Ardelyx with 6,142 calls trading, 2x expected, and implied vol increasing almost 3 points to 73.05%. Feb-24 11 calls and Feb-24 10 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.14. Earnings are expected on February 29th.
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