Bullish option flow detected in Avadel Pharmaceuticals with 3,665 calls trading, 1.5x expected, and implied vol increasing over 1 point to 58.12%. Jan-25 17.5 calls and Apr-24 17.5 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 2nd.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVDL:
- Avadel Pharmaceuticals put volume heavy and directionally bearish
- Avadel Pharmaceuticals price target raised to $22 from $20 at Needham
- Avadel Pharmaceuticals price target raised to $22 from $20 at Craig-Hallum
- Avadel Pharmaceuticals price target raised to $29 from $27 at Oppenheimer
- Avadel Pharmaceuticals price target raised to $25 from $21 at H.C. Wainwright