Optimer Pharmaceuticals Inc. (OPTR) is trading up .26 to 11.59.? OPTR is trading at three-month highs.
Today paper bought 1,000 OPTR Mar 7.5 calls for 4-4.1 on scattered volume.? Open interest is over 2,000 contracts on the strike. The name trades 264 contracts per day on average.
The implied volatility is up 12% in March suggesting fresh buying.? The trade looks additive to open interest but check tomorrow?s number.? OPTR is up sharply over the last month.
30-day implied volatility is 60.5%.? ?10-day implied volatility is 42%.? 30 day implied volatility is trading well over the 10 day historical volatility.?
Optimer Pharmaceuticals, Inc. (OPTR) is a biopharmaceutical company focused on developing and commercializing hospital specialty products. The Company?s development is focused on products that treat gastrointestinal infections and related diseases.