Implied Volatility Alert: SPPI
07/01/09
SPPI July option implied volatility elevated at 214 into PDUFA
Spectrum Pharmaceuticals (SPPI) is recently down 79 cents to $6.86.
SPPI's Zevalin, a first-line consolidation therapy for non-Hodgkin's lymphoma, has a Prescription Drug User Fee Act (PDUFA) date of July 2.
SPPI July option implied volatility is at 215, August is at 144, November is at 116; above its six-month average of 100, according to Track Data, suggesting large price movement.
Posted at 1:30 p.m.
Researcher Paul Foster has 23 years of professional experience in the capital markets, investments, trading, corporate finance, arbitrage, options, and mergers and acquisitions.
TWITTER TRADERS
5 Ways Twitter Can Make You a Better Trader
Twitter is an invaluable tool for investors and option traders. Tobin Smith explains how you can use Twitter to your advantage. more
Options Twits: 8 Options Gurus You Should Follow on Twitter
In the spirit of sharing, we've put together a short list of options experts on Twitter. If you're trader on twitter and are looking for actionable and real-time tweets about options, these are your twits. more
Q&A With 5 Traders on Twitter
Investors and traders use Twitter as an invaluable resource to get real-time information and advice. We've highlighted 5 traders to help them in their trades. more
Full Q&A With Investors and Traders on Twitter
Twitter is growing in popularity amongst investors. Especially amongst traders. Here's a Q&A we conducted with 5 Traders on Twitter. more
When to Use a Bear Call Spread
Learn how this bearish strategy works and when traders should use it.
2 Recession Busters, 2 Busted Stocks
This recession is not over, and as people continue to rein in their spending there will be some great long and short plays.
With several major retailers reporting earnings next week, we have one retail stock you should avoid and one that looks like it's going to be a highflier.
Top 6 Stocks to Own for the Rest of 2009
Just because the market may be a bit sluggish for the remainder of the year, does not mean there aren't select stocks that are great buys now.
WARNING: The Market is Headed Off a Cliff
The odds strongly favor a continued stock market sell-off -- and I mean a big one.
