Shares of Threshold Pharmaceuticals Inc (THLD) are trading down .07 to 4.85.? The shares are trading nearer the 52 week low.
Today paper bought the THLD Apr 5 calls with volume trading at 706 contracts. ??Average volume is 357 contracts per day in the name.? Open interest is less than 665 contracts for all the strikes.
The trades mostly happen on the offer pushing the Apr IV up 16 points to 81%.? This could be paper running in front of a potential announcement.? The Apr and May options are trading near the same price on the 5 strike.
30-day implied volatility is 81%.?? 10-day implied volatility is 36%.? 30-day implied volatility is trading above the 10-day historical volatility.
Threshold Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of drugs targeting the microenvironment of solid tumors and the bone marrows of some hematologic malignancies (blood cancers) as treatments for patients living with cancer.