Bearish flow noted in Ardelyx with 3,718 puts trading, or 11x expected. Most active are Apr-24 9 puts and Jan-25 5.5 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 2.17, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 29th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ARDX:
- Unusually active option classes on open January 18th
- Ardelyx call volume above normal and directionally bullish
- Ardelyx price target raised to $11.50 from $10.50 at Ladenburg
- Ardelyx, Inc. Reports Employment Inducement Grants
- Ardelyx reports employee inducement grants
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue