3120 CEMP Nov18 12.5 calls went up in 1 block on the ARCA marked out of sequence and spread.?
Shares of Cempra Inc. (CEMP) are down 10.85 to 7.80 today.? CEMP is making a 52 week low.
- Paper traded 3120 CEMP Nov18 12.5 calls for 1.40.
- ?ADV is 1818 contracts.?
- The OI is 752.
The volume went ?up in 1 block on the ARCA marked out of sequence and spread.? Volume on the strike was over 8000 contracts as CEMP plunged 59% today. The call buyer, through the offer is not happy unless they had a sizable short stock positions against these calls. A block of stock trade 9.52 on 205000 shares which could be the other part of the ?spread? tag.
- IV 30 is trading 241%.?
- HV10 is trading for 136%.?
- IV 30 is above the HV 10.
Cempra, Inc. is a clinical-stage pharmaceutical company.