Paper traded a DVAX August 7-6-5 put spread

DVAX

Earlier today, Dynavax Technologies Corp. (DVAX) was trading at $6.90, up almost 17% on the day.

Paper traded a DVAX August 7-6-5 put spread. The details are:

  • Paper bought 2500 Aug 5 puts for $1.20
  • Paper sold 1332 Aug 6 Puts for $1.40
  • Paper sold 800 Aug 7 puts for $1.90

In addition, paper also bought approx. 900 June 6 Calls for $.90 & $.95 for a total of nearly 2000 contracts on the day.? Open interest is negligible on all three strikes.

Dynavax Technologies Corporation is a clinical-stage immunotherapy company.?