Shares of Raptor Pharmaceuticals Corp (RPTP) were up .19 to 6.58.? RPTP made a new 52-week high today.
Today paper traded the RPTP May 5 calls for 1.90 over 500 times.?? Average volume is 400.? Open interest in May is over 4,000 contracts.
The May 5 paper looks two-way today but most of the trade is on the buy side with paper posting a bid and getting hit.? ?The IV is up sharply in May to 164% today.
30-day implied volatility is 158%.?? 10-day implied volatility is 54%.? 30-day implied volatility is trading above the 10-day historical volatility.
Raptor Pharmaceuticals Corp. is a United States-based biopharmaceutical company.