4966 RDEN Jun 15 puts went up in 1 block w/ traders are looking for protection or new lows for RDEN. 

Calls trade in OPK- large call buyers

OPK

Shares of OPKO Health Inc. (OPKO) are down .15 to 11.22.   OPKO is near the top of the 52 week range.

Paper traded 7885 OPKO Jan 2016 calls for 2.70. 

  • The ADV is 5881 contracts.
  • The OI is 72146 contracts.

The volume went up in 1 block.  The OI on the strike is very high so this could be a buy to cover trade.  Option combinations are trading for underwater prices so this name is a potential HTB candidate. Check the OI to see it this is continuing buyer tomorrow.

  • IV 30 is trading for 41.77%.
  • HV10 is trading for 35%.
  • IV 30 is trading above the HV 10.

OPKO Health Inc. is a multi-national biopharmaceutical and diagnostics company. The Company is involved in developing a range of solutions to diagnose, treat and prevent various conditions, including point-of-care tests, laboratory developed tests (LDTs), molecular diagnostics tests, and proprietary pharmaceuticals and vaccines.

 

Size call buyers in EXEL- big ATM call buy

EXEL

Shares of Exelixis Inc. (EXEL) are up .22 to 2.00.  EXEL is near the lower end of the 52 week range.

Paper traded 7800 EXEL May 2 calls for .40.   

  • The ADV is 670 contracts.
  • The OI is 2768 contracts.

The volume went up in block.  Volume on the strike is 15k + contracts with paper buying more options.  IV is up 35 points in May.  This appears to be bullish volume in the name.

  • IV 30 is trading for 111%.
  • HV10 is trading for 48%.
  • IV 30 is trading above the HV 10.

Exelixis, Inc. (Exelixis) is a biotechnology company engaged in developing small molecule therapies for the treatment of cancer.

 

Mass put buyers in RDEN- buying long term protection

Unusual options trading activity in RDEN

Shares of Elizabeth Arden, Inc. (RDEN) are down .51 to 16.20 today. RDEN is near the lower end of the 52 week range.

Paper traded 4966 RDEN Jun 15 puts for 1.35 today. 

  • The ADV is 245 contracts.  
  • The OI is 43 contracts.

The volume went up in 1 block.  Subsequent volume is pushing trade on the strike over 5275 contracts.  These are straight put buyers not tied to stock at the time of the print.  Traders are looking for protection or new lows for RDEN.  IV is up 1 point on the purchase.

  • IV 30 is trading for 64%.
  • HV10 is trading for 31%.
  • IV 30 is trading over the HV 10.

Elizabeth Arden, Inc. is a beauty products company that offers a portfolio of fragrance, skin care and cosmetics brands. The Company’s product portfolio includes Elizabeth Arden Brand Celebrity Fragrances, Lifestyle Fragrances and Designer Fragrances. It operates in two segments: North America and Elizabeth Arden.