Anyone have any info on ALLO- maybe FDA hold going to expire soon? Only asking because seeing some movement in call options...
The CEO has said that it's not a question of IF they will get the hold removed by the FDA, it's a question of WHEN. They are hosting a conference call this Monday and I imagine many people are thinking that they might reveal a response to the FDA either at or before that call. It's that type of prediction that might be driving the options market.
Still very much a guess as to what will happen in reality.