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Terns Parmaceuticles call volume above normal and directionally bullish
The Fly

Terns Parmaceuticles call volume above normal and directionally bullish

Bullish option flow detected in Terns Parmaceuticles with 4,711 calls trading, 5x expected, and implied vol increasing almost 8 points to 126.94%. Oct-24 12.5 calls and Oct-24 15 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 12th.

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