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Over 9,000 Put Spreads Trade in Agios Pharmaceuticals, Inc. (Symbol: AGIO)

Over 9,000 Put Spreads Trade in Agios Pharmaceuticals, Inc. (Symbol: AGIO)

OptionWatch:

Posted October 15, 2025 at 11:00 am

Jeff Praissman
Interactive Brokers

This morning 9,750 January 16 ’26 30/35 puts spreads traded in in Agios Pharmaceuticals, Inc. (Symbol: AGIO) for $2.75. The investor most likely bought the 35 puts and sold the 30 with a stock reference of $40.29 at the time of the trade.

 The open interest in the 30 put was 10,000 this morning so it is possible that the investors rolled their position from the 30s to the 35 puts but generally traders roll to another expiration, so it is more likely that this was an opening spread.

The investor may be speculating on a downside move later in the year and wants to capitalize on it by putting on this spread. AGIO is currently trading at $40.73. AGIO has a 52-week high of $40.96 and a 52-week low of $23.42.

 AGIO is currently trading at $40.73. AGIO has a 52-week high of $40.96 and a 52-week low of $23.42.

Source: IBKR TWS. Past performance is not indicative of future results

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Options involve risk and are not suitable for all investors. For information on the uses and risks of options read the "Characteristics and Risks of Standardized Options" also known as the options disclosure document (ODD). Multiple leg strategies, including spreads, will incur multiple transaction costs.

Disclosure: Options (with multiple legs)

Options involve risk and are not suitable for all investors. For information on the uses and risks of options read the "Characteristics and Risks of Standardized Options" also known as the options disclosure document (ODD). Multiple leg strategies, including spreads, will incur multiple transaction costs.

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