Shares of ImmunoCellular Therapeutics are up .29 to 1.45 today.? IMUC is in the middle of the 52-week range.
Today paper traded 400 IMUC Feb 2.5 calls for .05.? ADV is 1,376 contracts.? The OI is 7,597 contracts.
The volume traded in two blocks of 200 with 700 contracts trading on the day so far.? Most of the paper is buying.? The strike has heavy open interest and these trades could be closing.? There is open interest all the way up to the 7.5 strike.? Check the OI tomorrow to see if this paper is closing.? There are 6900 to close so the opening seller might be looking to close before a run higher.
30-day implied volatility is 144%.? ?10-day implied volatility is 97%.? 30-day implied volatility is trading above the 10-day historical volatility.
ImmunoCellular Therapeutics, Ltd. is a clinical-stage biotechnology company.