Shares of Amicus Therapeutics, Inc. (FOLD) are up .47 to 3.49 today.? ?FOLD is making a 52 Week high.
Today paper traded 190 FOLD AUG 5 calls for .30.? The ADV is 254 contracts. The OI is 0.
The volume went up in 2 small blocks.? The option market was .10-.30 at the time so paper was lifting a relatively expensive offer. The calls were swept off of two exchanges. Most of the paper is buying today in FOLD as the 30 day IV is up 20 points.
?30-day implied volatility is 120%.?? 10-day implied volatility is 50%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Amicus Therapeutics, Inc. (Amicus) is a United States-based biopharmaceutical company focused on the discovery, development and commercialization of orally administered, small molecule drugs known as pharmacological chaperones for treating a range of diseases, including lysosomal storage diseases and diseases of neurodegeneration. I