Shares of Geron Corp. (GERN) are up .22 to 2.58 today.? GERN is at the low end of the 52 week range.
Today paper traded 839 ATML Dec 3 calls for .60.? The ADV 2214 contracts.? The OI is 8 contracts
The volume went up in 1 block.? Call volume on this strike was heavy at 2859 contacts.? Most paper paid .60 on a .30 wide market lifting the offer.? The aggressive nature of the call buying means traders are looking at higher prices for GERN.? Volume did come in good size blocks with IV up in all terms.
?30-day implied volatility is 106%.?? 10-day implied volatility is 57%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Geron Corporation (Geron) is a clinical-stage biopharmaceutical company.