Bearish flow noted in Biohaven (BHVN) with 4,365 puts trading, or 5x expected. Most active are Nov-25 10 puts and Nov-25 5 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 2.01, while ATM IV is up over 22 points on the day. Earnings are expected on November 10th.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHVN:
- Biohaven comparison to uniQure may not be applicable, says Citi
- Biohaven’s tror has ‘key differences’ from uniCure case, says Raymond James
- Biohaven price target lowered to $33 from $60 at BTIG
- Netflix upgraded, Five Below initiated: Wall Street’s top analyst calls
- Biohaven initiated with a Buy at Citi