Traders Purchase Large Volume of Replimune Group Put Options (NASDAQ:REPL)

Replimune Group experienced a surge in unusual options activity as stock traders purchased 23,181 put options, marking a 175 percent increase over the average daily volume.

Justin Tomlinson

Editor-in-Chief, Mora Discover

2 sources
Traders Purchase Large Volume of Replimune Group Put Options (NASDAQ:REPL)

Replimune Group, Inc. was the target of unusual options trading activity on Monday. Stock traders and investors purchased 23,181 put options on the company's stock, representing a significant spike in bearish bets.[1][2]

This trading volume represents an increase of approximately 175% compared to the typical daily volume of 8,439 put options. Amid the trading activity, shares of Replimune Group traded down $1.05 during mid-day trading.[1][2]

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