Shares of Cell Therapeutics (CTIC) are up .02 to 1.16.? CTIC is trading in the middle of the 52-week range.
Today paper traded the CTIC Jun 1 puts for .06 on a 20,000 contract block.?? Average volume is 1,706.? Open interest is 10,847.
This trade lifted the IV in all months with Jun up 3.7.? Most likely the paper was taking liquidity out buying the options but that is not certain.? The size suggests new paper since the trade is twice the OI.
30-day implied volatility is 61%.?? 10-day implied volatility is 73%.? 30-day implied volatility is trading below the 10-day historical volatility.
Cell Therapeutics, Inc. (CTIC) develops, acquires and commercializes treatments for cancer.