Chelsea Therapeutics International Ltd. (CHTP) is trading up .15 to 2.0.? CHTP is trading near the middle of its range.
Today paper traded the CHTP Apr 2 calls for up to .25 on volume of 287 contracts. ??Average volume is 1155 contracts per day in the name.? Open interest is 1197.
The volume looked like buying paper chasing the stock up to 2.17 today. The Apr IV is up 8 points today.
30-day implied volatility is 75%.? ?10-day implied volatility is 34%.? 30-day implied volatility is trading above 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.