Traders Buy Large Volume of Evelo Biosciences Put Options (NASDAQ:EVLO)

Evelo Biosciences, Inc. (NASDAQ:EVLO) saw some unusual options trading on Wednesday. Traders purchased 1,885 put options on the company. This represents an increase of approximately 1,101% compared to the typical volume of 157 put options.

Evelo Biosciences Stock Down 20.0 %

NASDAQ:EVLO opened at $0.00 on Thursday. The firm has a market cap of $7,593.20, a PE ratio of 0.00 and a beta of 1.50. Evelo Biosciences has a twelve month low of $0.00 and a twelve month high of $0.08.

Evelo Biosciences Company Profile

Evelo Biosciences, Inc, a clinical-stage biotechnology company, focuses on discovering and developing oral medicines that act on immune cells in the small intestine with systemic effects. It is developing EDP1815, a whole-microbe product candidate, which has completed a Phase 2 trial for the treatment of psoriais; and is in Phase 2 clinical trial for the treatment of atopic dermatitis.