Shares of Oncothyreon Inc. (ONTY) are up .06 today to 2.75. ?ONTY is the middle of the 52 week range.
Today paper traded 600 ONTY Dec 3 calls for .50-.55. ?The ADV is 553 contracts.? The OI is 223 contracts.
The volume went up in several small blocks.? The calls traded up into the offer with the paper lifting the .50 offer then paying .55.? The trade looks like an opening buy with ONTY trading higher by December.
30-day implied volatility is 88%.?? 10-day implied volatility is 67%.? 30 day implied volatility is trading above 10 Day Historical volatility.
Oncothyreon Inc. (Oncothyreon) is a clinical-stage biopharmaceutical company focused primarily on the development of therapeutic products for the treatment of cancer.?