Bullish option flow detected in GSK Pharma with 4,765 calls trading, 2x expected, and implied vol increasing over 2 points to 26.64%. Feb-25 48 calls and 7/26 weekly 32 puts are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 31st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSK:
- GSK Pharma put volume heavy and directionally bearish
- iTeos Therapeutics announces first patient dosed in GALAXIES Lung-301 study
- GSK downgraded to Neutral from Buy at UBS
- FDA to evaluate potential risk of neural tube birth defects with dolutegravir
- GSK Acquires Key Vaccine Rights from Partner CureVac in €1.45B Deal