Shares of Synergy Pharmaceuticals Inc. (SGYP) are up .24 to 5.55. AMBC is at the upper end of the 52 week range.
Today paper traded 880 SGYP Apr 5 calls for 1.05-1.30. The ADV is 210 contracts.? The OI is 1918 contracts.
The volume came in small blocks with the paper direction mixed.? IV is down 4 points in Apr so some paper is selling to close after the big run in the stock.? There are more buyers of Jan options so there could be a change in date for an upcoming event.
30-day implied volatility is 94%. ? 10-day implied volatility is 51%.? 30-day implied volatility is trading above the 10-day historical volatility.
Synergy Pharmaceuticals, Inc. is a biopharmaceutical company focused primarily on the development of drugs to treat gastrointestinal (GI), disorders and diseases.?