Pre-earnings options volume in Lexicon (LXRX) Pharmaceuticals is normal with calls leading puts 11:2. Implied volatility suggests the market is anticipating a move near 14.8%, or 18c, after results are released. Median move over the past eight quarters is 11.5%.
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Read More on LXRX:
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- Lexicon to present data from two studies related to LX9851
- LXRX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Lexicon price target lowered to $6 from $10 at H.C. Wainwright
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