tiprankstipranks
The Fly

Edgewise Therapeutics put volume heavy and directionally bearish

Edgewise Therapeutics put volume heavy and directionally bearish

Bearish flow noted in Edgewise Therapeutics with 1,010 puts trading, or 1.3x expected. Most active are Oct-24 20 puts and Oct-24 25 puts, with total volume in those strikes near 960 contracts. The Put/Call Ratio is 6.97, while ATM IV is up over 1 point on the day. Earnings are expected on November 7th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1