Pre-earnings options volume in BridgeBio (BBIO) Pharma is 1.3x normal with puts leading calls 10:7. Implied volatility suggests the market is anticipating a move near 8.2%, or $3.00, after results are released. Median move over the past eight quarters is 1.4%.
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Read More on BBIO:
- BridgeBio announces UK MHRA marketing authorization for acoramidis
- BridgeBio Pharma: Anticipated Q1 Outperformance and Sustained Buy Rating Despite Rising R&D Expenses
- Buy Recommendation for BridgeBio Pharma Driven by Promising ATTR-CM Launch and Late-Stage Portfolio Potential
- BridgeBio price target raised to $53 from $49 at H.C. Wainwright
- BridgeBio management to meet with Piper Sandler
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