Shares of ImmunoCellular Therapeutics Ltd (IMUC) are trading up .15 to 2.56.? The stock is trading in the middle of the 52-week range.

Today paper sold the IMUC May 2.5 calls 3,000 times on prices just above .30.?? Average volume is 781 contracts per day.? Open interest is 5,829 contracts.

The trade appears to be closing paper exiting a long call position with the Apr IV down 17 points today. Earnings are in the May cycle.

30-day implied volatility is 94%.?? 10-day implied volatility is 67%.? 30-day implied volatility is trading above the 10-day historical volatility.

ImmunoCellular Therapeutics, Ltd. is a development-stage company. The Company is seeking to develop and commercialize new therapeutics to fight cancer using the immune system.