Shares of Chelsea Therapeutics International (CHTP) are down .88 to 2.65.? CHTP is in the middle of the 52-week range.
Today paper traded 2,000 CHTP Feb 7 calls for .30.? ADV is 3,286 contracts.? The OI is 553 contracts.
The volume went just off of the offer. The ADV is sky high in CHTP today with the4 Jan IV 607%. The buyer looks like opening paper looking for a homerun.
30-day implied volatility is 318%.? ?10-day implied volatility is 106%.? 30-day implied volatility is trading below the 10-day historical volatility.
Chelsea Therapeutics International, Ltd. is a development stage pharmaceutical company that focuses on acquiring, developing and commercializing products for the treatment of a variety of human diseases.