10K GERN Nov 2.5 puts traded today.?There appears to be a rolling call seller on the 3 to 3.5 strikes as well.
Puts trade in GERN- size put seller
Shares of Geron Corp. (GERN) are down .17 to 2.62 today.? GERN is at the lower end of the 52 week range.
Today paper traded 10000 GERN Nov 2.5 puts at .11.?
- The ADV is 976.
- The OI is 95.
Volume went up in 1 large block.? The trade was a huge block of sold puts where soon after .15 bids came popping in.? The puts did trade .15 and are still .15 bid.? The seller is looking to take GERN below 2.5. There appears to be a rolling call seller on the 3 to 3.5 strikes as well.
- 30-day implied volatility is 98%.
- 10-day implied volatility is 120%.
- 30 day implied volatility is trading below the 10 day realized volatility
Geron Corporation (Geron) is a clinical-stage biopharmaceutical company developing a first-in-class telomerase inhibitor, imetelstat, in hematologic myeloid malignancies.
Collars trade in INFI/ looks like closing paper
Shares of Infinity Pharmaceuticals Inc. (INFI) are down .41 to 12.83.? INFI is at the bottom of the 52 week range.
Today paper traded 5000 INFI Jan 11 put/Jan 20 call combos for .80.?
- The ADV is 1398 contracts.
- The OI is 5000+ contracts on both strikes.
Volume went up in 2 large blocks with scattered volume to fill.? This trade is most likely a close after INFI has made a recent trip down. The customer is closing the short put and buying in short calls.? Most likely this trade was a close to lose.
- 30-day implied volatility is 84%. ?
- 10-day implied volatility is 54%.
- 30 day implied volatility is trading above the 10 day realized volatility
Infinity Pharmaceuticals, Inc. (IPI) is a drug discovery and development company. The Company’s lead product is a potent, oral inhibitor of Class I PI3K-delta and PI3K-gamma, which the Company is investigating in both hematologic malignancies and inflammatory diseases.Its retaspimycin hydrochloride (HCl), is a potent and selective inhibitor of heat shock protein 90 (Hsp90).
Put spreads trade in BBRY- possible put roll
Shares of Blackberry ltd. (BBRY) are even today at 10.25.? BBRY is at the upper end of the 52 week range.
Today paper traded 23380 BBRY Jan 2015 7/8 put spread for .15.?
- The ADV is 45022 contracts.
- The OI is 65k and 12k contracts.
Volume went up in 2 giant blocks.? The total volume on the strike is over 32k with action pointing to a roll to higher strike.? If this was a close/open the customer is either moving protection up or trying to reload for a trip down.? Most of the volume traded outside the current markets and is still bearish in nature.
- 30-day implied volatility is 55%.
- 10-day implied volatility is 34%.
- 30 day implied volatility is trading above the 10 day realized volatility
BlackBerry Limited, formerly Research In Motion Limited, is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market.