Bearish flow noted in GSK (GSK) Pharma with 1,694 puts trading, or 4x expected. Most active are 2/7 weekly 34 puts and Jan-27 28 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 9.01, while ATM IV is up over 3 points on the day. Earnings are expected on February 5th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSK:
- GSK announces EMA accepted for review the MAA for depemokimab
- GSK announces new drug applications accepted for review in China, Japan
- GSK announces EMA to review the regulatory application of Shingrix
- GSK, Oxford to establish GSK-Oxford Cancer Immuno-Prevention Programme
- GSK Pharma call volume above normal and directionally bullish