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Looking At Sarepta Therapeutics's Recent Unusual Options Activity

Benzinga ·  Jun 26 23:16

Whales with a lot of money to spend have taken a noticeably bearish stance onSarepta Therapeutics.

Looking at options history for Sarepta Therapeutics (NASDAQ:SRPT) we detected 14 trades.

If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $374,000 and 9, calls, for a total amount of $1,862,920.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $155.0 to $180.0 for...

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