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Horizon Pharma call volume above normal and directionally bullish
The Fly

Horizon Pharma call volume above normal and directionally bullish

Bullish option flow detected in Horizon Pharma with 2,956 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 19.92%. Feb-23 115 calls and Feb-23 109 puts are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.10. Earnings are expected on March 1st.

Published first on TheFly

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