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Earning Expiration Calls Trade in Ironwood Pharmaceuticals, Inc. (Symbol: IRWD)

OptionWatch:

Earning Expiration Calls Trade in Ironwood Pharmaceuticals, Inc. (Symbol: IRWD)

Posted April 13, 2023
Jeff Praissman
Interactive Brokers

This morning over 3,000 May 19 ’23 12.5 Calls traded in Ironwood Pharmaceuticals, Inc. (Symbol: IRWD). The price ranged from $0.15 to $0.25 indicating that there was a buyer of the options. The calls represent 75,000 shares of stock.

IRWD is expected to release earnings between May 3rd and May 8th, IRWD does not have weekly expirations so the IRWD May 19 ’23 12.5 calls could certainly be an earnings play. IRWD has a historically mixed record of over and underperforming on earnings.

IRWD has a historically mixed record of over and underperforming on earnings.

IRWD has a 52-week high of $12.66 and a 52-week low of $9.73.

IRWD has a 52-week high of $12.66 and a 52-week low of $9.73.
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