Shares of Biodel Inc. (BIOD) are down .24 to 2.82.? BIOD is in the middle of the 52-week range.
Today paper traded 1154 BIOD Mar 3 puts for .3-.4.? ADV is 233 contracts.? The OI is 223 contracts.
The volume traded in scattered small blocks with most of the volume hitting the bid.? The puts look opening and are trading slightly higher as of this writing.? The put seller is looking to own BIOD.
30-day implied volatility is 74%.?? 10-day implied volatility is 53%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Biodel Inc. (Biodel) is a development-stage speciality biopharmaceutical company focused on the development and commercialization of treatments for diabetes.