Shares of Clovis Oncology Inc. (CLVS) are up 1.85 to 75.83.? CLVS is in the upper end of the 52-week range.
Today paper traded 355 CLVS Jan 65 puts at .30.? ADV is 713 contracts.? The OI is 935 contracts.
The volume went up hitting the bid in one block.? The price looks like a lower print for the day with the puts trading .45 bid now.? This could be opening paper since the buyers are not getting a lot for a closing sale.? IV30 is up 27 points as IV is exploding in the stock. Volume on the strike is 660 contracts.
30-day implied volatility is 84%.? ?10-day implied volatility is 59%.? 30-day implied volatility is trading above the 10-day historical volatility.
Clovis Oncology, Inc. (Clovis) is a Development-stage Company. The Company is a Biopharmaceutical Company.