Options traders bet on big move for Delcath Systems stock

Delcath Systems options traders are pricing in a big move for the company, with high implied volatility suggesting investors expect a significant movement in the stock. Despite this, the fundamental picture for Delcath Systems is uncertain, with a Zacks Rank of #3 (Hold) and a consensus estimate of a six-cent per share loss for the current quarter. Options traders often look for high implied volatility to sell premium, capturing decay and reducing risk.