Bullish option flow detected in Candel Therapeutics (CADL) Inc with 3,986 calls trading, 3x expected, and implied vol increasing almost 24 points to 171.94%. Dec-24 7 calls and Jan-25 4 puts are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.34. Earnings are expected on March 31st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CADL:
- Candel Therapeutics price target raised to $19 from $11 at H.C. Wainwright
- Candel Therapeutics Inc call volume above normal and directionally bullish
- Broadcom tops $1T market cap on AI enthusiasm: Morning Buzz
- Morning Movers: Penn Entertainment rises following upgrade
- Candel Therapeutics 10M share Spot Secondary priced at $6.00