Shares of BioMarin Pharamceutical Inc. (BMRN) are trading up 1.26 to 70.05.? The stock is making a 52-week high.
Today paper traded 761 BMRN May 75 calls for 0.30.? Average volume is 444.? Open interest is 0 contracts.
The trade looks like a buy on a strike with no bid and only 3 days left to expiration.? The trade looks very speculative bullish.? 1000 calls trade on the day.
?30-day implied volatility is 35%.?? 10-day implied volatility is 30%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
BioMarin Pharmaceutical Inc. (BioMarin) develops and commercializes pharmaceuticals for serious diseases and medical conditions.