Bearish flow noted in Cassava Sciences (SAVA) with 2,978 puts trading, or 1.3x expected. Most active are Nov-24 27 puts and Dec-24 10 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.82, while ATM IV is up over 40 points on the day. Earnings are expected on November 7th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAVA:
- Cassava Sciences call volume above normal and directionally bullish
- Biotech Alert: Searches spiking for these stocks today
- PepsiCo reports mixed Q3, Roblox slips after short report: Morning Buzz
- Largest borrow rate increases among liquid names
- Cassava Sciences Advances Alzheimer’s Trials Amid SEC Settlement
