Ardelyx options imply 11.7% move in share price post-earnings
The Fly

Ardelyx options imply 11.7% move in share price post-earnings

Pre-earnings options volume in Ardelyx is 1.8x normal with calls leading puts 4:1. Implied volatility suggests the market is anticipating a move near 11.7%, or 80c, after results are released. Median move over the past eight quarters is 3.6%.

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