Shares of NuPathe Inc. (PATH) are up .16 to 2.33.? PATH is trading near the middle of the 52-week range.
Today paper traded 2,593 PATH Jan 2 puts for .40. The ADV is 625 contracts.? The OI is 798 contracts.
The volume went up in one block.? The trade could be tied to stock with IV up 11 points in Jan and the stock up 2.32.? Paper is looking for a very large relative move here on the order of 25% or more.? The trade was most likely tied to stock in some way or the trader thinks PATH is going below $1.IV is at the top of the 6 month range.
30-day implied volatility is 170%. ? 10-day implied volatility is 71%.? 30-day implied volatility is trading above the 10-day historical volatility.
NuPathe, Inc. develops therapeutics for diseases of the central nervous system including neurological and psychiatric disorders.?