Shares of Warner Chilcott Ltd. (WCRX) are trading up .06 to 14.25.? WCRX is trading $3 off of its recent highs.
Paper bought two blocks totaling 3,000 of the WCRX Feb 15 calls for 0.15. ?Average volume is 1,600 contracts per day.? Open interest is 5,017 contracts on the strike.? The implied volatility is up 1.6 points in Feb.? The trade looks to be closing paper since WCRX has traded near 15.
30-day implied volatility is 40%.?? 10-day implied volatility is 39%.? 30-day implied volatility is trading just above the 10-day historical volatility.?
Warner Chilcott (WCRX) Company is a specialty pharmaceutical company.