Pre-earnings options volume in Biomea Fusion is 11.7x normal with puts leading calls 9:4. Implied volatility suggests the market is anticipating a move near 11.3%, or $3.21, after results are released. Median move over the past eight quarters is 2.2%.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BMEA:
- Biomea Fusion Announces Proposed Public Offering of Common Stock
- Biomea Fusion Reports Fourth Quarter and Full Year 2022 Financial Results and Corporate Highlights
- Biomea Fusion price target raised to $44 from $37 at H.C. Wainwright
- Biomea Fusion price target raised to $40 from $16 at Piper Sandler
- Biomea Fusion announces data from ongoing Phase II study of BMF-219