Puts Trade In IMMU
Immunomedics, Inc. (IMMU) is down .86 to 3.27 today.? IMMU is at the low end of the 52 week range.
Today paper traded 4998 IMMU May 3 puts at .15 4998x. The ADV is 1701 contracts.? The OI is 1824 contracts.
The volume went up in one block.? The trade looks like an aggressive opening sale in IMMU after some news came out.? The trader is clearly comfortable buying the stock below $3.? Some addition volume jumped in but the IV is down 15 points in May and the stock looks stuck at this level for now.
30-day implied volatility is 105%.?? 10-day implied volatility is 84%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Immunomedics, Inc. is a biopharmaceutical company focused on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases.