Shares of EXACT Sciences Corporation (EXAS) are up .12 to 11.94.? EXAS is in the middle of the 52-week range.
Today paper traded 10,000 EXAS Jan 2015 15 combos for 3.48.? ADV is 697 contracts.? The OI is 60 contracts.
The volume went up in one block with the combo pricing 3.48 or 11.52 on the synthetic EXAS stock.? That is .42 underwater and the trader looks like they want to buy put and sell call to short stock in a potential hard to borrow situation.
30-day implied volatility is 54%.?? 10-day implied volatility is 31%.? 30-day implied volatility is trading above the 10-day historical volatility.
Exact Sciences Corporation is a molecular diagnostics company focused on the early detection and prevention of colorectal cancer.?