Bearish flow noted in Siga Technologies with 1,035 puts trading, or 2x expected. Most active are Sep-24 9.4 puts and Oct-24 10 puts, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 1.60, while ATM IV is up over 8 points on the day. Earnings are expected on November 5th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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 SIGA:
- SIGA Announces New Contract Awarded by U.S. Department of Defense for the Procurement of $9 Million of TPOXX®
- Siga Technologies announces new DOD contract for Tpoxx
- Biotech Alert: Searches spiking for these stocks today
- Unusually active option classes on open August 16th
- Cisco, Walmart report quarterly earnings beats: Morning Buzz