Shares of NuPathe Inc (PATH) are down.02 to 4.17 today.? PATH is near the top of the 52 week range.
Today paper traded 500 PATH Mar 5 puts at 1.26.? ADV is 756 contracts.? The OI is 251 contracts.
The volume went up in two blocks right off the bid.? There is 1000 puts traded on this strike all marking sold.? This looks like a scattered newsletter type trade to get long PATH.? Aggressive long play at least on what looks like opening paper.
30-day implied volatility is 20%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading at the 10 Day Historical volatility.
NuPathe, Inc. develops therapeutics for diseases of the central nervous system including neurological and psychiatric disorders.