Shares of Amarin Corp. (AMRN) are down .14 to 2.25 today.? AMRN is near the 52-week low.
Today paper traded 257 AMRN Jan 3 calls for .01.? ADV is 10,813 contracts.? The OI is 24,650 contracts.
The .01 buy was the low of the day as 2,481 contracts traded so far.? The paper looks like a short closing with much of the open interest waiting for news.? The calls are .02 bid now.? The IV is down 398 points today so it looks like the news is out.
30-day implied volatility is 160%.? ?10-day implied volatility is 84%.? 30-day implied volatility is trading above the 10-day historical volatility.
Amarin Corporation PLC (Amarin) is a late-stage biopharmaceutical -company with expertise in lipid science focused on the treatment of cardiovascular disease.?