ZGNX Options Premiums Elevated Ahead of Top-Line Results


Re-Tweet
Share on Facebook
Share on Google+
Share on LinkedIn

Zogenix Inc. (NASDAQ:ZGNX) Options Imply a +/- 30% Move by July 20, 2018

Catalyst for Move

* Study 1504 fully enrolled with 87 randomized patients; top-line results expected late June/early July

Options Premiums Elevated

Options traders have bid up option premiums with the July 20, 2018 expiration implying a 31% move in either direction. See Options Summary

Historical Moves

Using the Historical Price Return Distribution Report with a 5 year history of daily returns shows there were 2 other times ZGNX had a move that exceeded 31% in one day.

 

Wait, Before You Leave...