Bullish option flow detected in Exelixis with 1,500 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 49.50%. Oct-24 26 calls and Oct-24 25 calls are the most active options, with total volume in those strikes near 710 contracts. The Put/Call Ratio is 0.43. Earnings are expected on November 6th.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXEL:
- Exelixis put volume heavy and directionally bearish
- Biotech Alert: Searches spiking for these stocks today
- Exelixis price target raised to $29 from $28 at H.C. Wainwright
- Invenra highlights Exelixis initiating dose-escalation stage of XB010 trial
- Exelixis price target raised to $29 from $27 at JMP Securities