Shares of AVEO Pharmaceuticals, Inc. (AVEO) are down .17 to 6.50. AVEO is trading $1 off its 52-week lows.
Today the AVEO May 5 puts saw a block of 1,859 going up at .70.? Average volume is 476 contracts per day in the name.? Open interest is 14 contracts.
The trade looks to be a put buyer possibly hedging a position.? Implied volatility in May is up 10.7 points to 128 suggesting an event in that month.
30-day implied volatility is 45%.?? 10-day implied volatility is 38%.? 30-day implied volatility is trading above the 10 Day Historical volatility.
AVEO Pharmaceuticals, Inc. is a cancer therapeutics company discovering, developing and commercializing targeted cancer therapies.