Shares of Celldex Therapeutics Inc. (CLDX) are trading down .01 to 7.76.? CLDX is trading near a 52-week high.

Today a block of 2,500 CLDX May 6 puts traded for 0.20.? Average volume is 1026 contracts per day in the name.? Open interest is 143 contracts in the strike.?

The trade looks to be an aggressive put sale mid-market.? The IV is down 10% in May suggesting the puts were sold.

30-day implied volatility is 53%.?? 10-day implied volatility is 23%.? 30-day implied volatility is trading over the 10-day historical volatility.

Celldex Therapeutics, Inc. (Celldex) is a biopharmaceutical company focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases.