41109 VRX Jun 20/30 put spreads went up in 2 blocks on the AMEX.
Shares of the Valent Pharmaceuticals Intl. (VRX) are down 2.86 to 32.37 today.? VRX is near the lower end of the 52 week range.
- Paper traded 41109 VRX Jun 20/30 put spreads for 2.48.?
- The ADV is 103k.?
- The OI is 7181 and 36431 contracts.
The volume went up in 2 blocks on the ARCA marked spread. ?May 6 Weekly 30.5 puts closed with the spread and the trade looks like they bought the put spread outright.? It appears the trader still wants the long put exposure and closed some nearer term short puts that helped pay for it.
- IV 30 is trading for 92%.?
- HV10 is trading for 51%.?
- IV 30 is trading above the HV 10.
Valeant Pharmaceuticals International, Inc. is a specialty pharmaceutical and medical device company. The Company is engaged in developing, manufacturing, and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices), which are marketed directly or indirectly in over 100 countries.