Bearish flow noted in Vertex with 2,162 puts trading, or 1.4x expected. Most active are Feb-24 425 puts and 2/2 weekly 410 puts, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 2.08, while ATM IV is up over 1 point on the day. Earnings are expected on February 5th.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VRTX: