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%.
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Published first on TheFly
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Read More on BMEA:
- Biomea Fusion Announces Proposed Public Offering of Common Stock
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- 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
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