Liquidia stock heads into Monday after 9% slide and spike in bearish put options
Liquidia (LQDA) fell 9.1% to $31.40 Friday as options traders bought heavy downside protection, with over 15,800 puts traded—five times normal volume—centered on a Jan. 16 $30/$15 put spread. The $30 level and the Jan. 16 expiry are now key markers, as legal risks from ongoing litigation with United Therapeutics remain unresolved.