Bullish option flow detected in Edgewise Therapeutics with 5,322 calls trading, 2x expected, and implied vol increasing almost 2 points to 70.95%. Oct-24 35 calls and Nov-24 30 puts are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.02. Earnings are expected on November 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EWTX:
- Edgewise Therapeutics price target raised to $51 from $48 at Piper Sandler
- Largest borrow rate increases among liquid names
- Edgewise Therapeutics put volume heavy and directionally bearish
- Edgewise Therapeutics price target raised to $42 from $32 at RBC Capital
- Edgewise Therapeutics price target raised to $42 from $32 at Leerink