Auxilium Pharmaceuticals Inc. (AUXL) shares are down .14 to 17.10.? The shares are trading closer to the-52 week low.
Today paper traded the AUXL Apr 17.5 puts for .60 to .80 on smaller blocks totaling 756 contracts. ??Average volume is 833 contracts per day in the name.? Open interest is 446.
The volume looked like a buyer of puts walking up the price to get filled.? Every trade looks like it registered as a buy.? There was unrelated (different times) call buying on the May 20s and the open interest there was on 63 contracts.? It is possible that some of the puts were closing with AUXL near the bottom of it range.
30-day implied volatility is 44%.? ?10-day implied volatility is 29%.? 30-day implied volatility is trading above the 10-day historical volatility.
Auxilium Pharmaceuticals, Inc. (Auxilium) is a specialty biopharmaceutical company with a focus on developing and marketing products to predominantly specialist audiences.