Shares of Jazz Pharmaceuticals plc (JAZZ) are trading up 1.34 today to 51.66.? JAZZ hit 59.34 for a three-month high in mid-September.
Paper sold calls in a big block of 2,900 JAZZ Dec 55 calls traded for .25 today.? ?JAZZ average daily volume is just over 640 contracts. ?Volatility is down 13% in the JAZZ Dec 55 strike. ?Open interest is over 3,700 contracts on the Dec 55 strike. The nature of the trade looks to be either closing or an opening buy write versus the stock.
30-day implied volatility is 42%.?? 10-day implied volatility is 20%.? 30 Day Implied volatility is trading well above the 10 day historical volatility.?
Jazz Pharmaceuticals plc (JAZZ), formerly Azur Pharma Public Limited Company, is a specialty biopharmaceutical company.