Shares of Vanda Pharmaceuticals Inc. (VNDA) are down .14 to 13.45 today. ?VNDA is near the middle of the 52 week range.
Today paper traded 575 VNDA Aug 15 calls for .75. ?The ADV is 1494 contracts.? The OI is 816.
The volume went up in 1 block.? Volume on the strike is over 4000 contracts as some early buyer sold some calls at .90.? Buyer continued all the way down to .45 and look to still hold the OI today.? The early pop in VNDA did not materialize but the buyers are still holding calls on balance.
30-day implied volatility is 94%.?? 10-day implied volatility is 38%.? 30 day implied volatility is trading above the 10 realized volatility
Vanda Pharmaceuticals Inc. (Vanda) is a biopharmaceutical company.