Bearish flow noted in Gilead (GILD) with 14,448 puts trading, or 5x expected. Most active are Jun-25 100 puts and Jun-25 106 puts, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 10.44, while ATM IV is up nearly 7 points on the day. Earnings are expected on August 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GILD:
- Unusually active option classes on open May 21st
- Early notable gainers among liquid option names on May 19th
- Gilead Sciences: Buy Rating Affirmed Amid Promising Lenacapavir Approval and Market Expansion
- Gilead management to meet with Needham
- Arcellx announces data from iMMagine-1 study of anitocabtagene autoleucel