Shares of Neptune Tech. (NEPT) are up .02 to 2.41 today. NEPT is trading near the bottom of the 52 week range.

Today paper traded 12300 NEPT Jun 3 calls for .15. ?The ADV is 598 contracts.? The OI is 13624 contracts.

The volume went up in 2 big blocks.? There is small trade besides the aggressive call buys.? The trader lifted the .15 offer and this volume is most likely a buy to close.? If the trade was a buy write the roll has not appeared yet.? When we last profiled this on May 20th, traders were paying .05 to close with the stock about here.? IV has been creeping up so there is a chance there could be more buying interest so check the OI tomorrow.

30-day implied volatility is 94%.?? 10-day implied volatility is 36%.? 30 day implied volatility is trading above10 Day Historical volatility.

Neptune Technologies & Bioressources Inc. (Neptune) is a biotechnology company.