Pre-earnings options volume in Ardelyx is normal with calls leading puts 7:3. Implied volatility suggests the market is anticipating a move near 12.6%, or $1.12, after results are released. Median move over the past eight quarters is 4.4%.
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Read More on ARDX:
- After a Significant Stock Run, Market Awaits Ardelyx’s (NASDAQ:ARDX) Q4 Earnings
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- Ardelyx put volume heavy and directionally bearish
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