Options update 1-3-08: Sciele Pharma volatility elevated after FDA approval

Posted Jan 3rd 2008 8:47AM by Paul Foster
Filed under: Analyst reports, Options

Sciele Pharma (NASDAQ: SCRX) announced the FDA approved its new formulation of Sular (high blood pressure treatment).

SCRX closed at $19.84 Wednesday.

Friedman BIlings says: "Successful execution of the Sular switch will remain a concern for investors and depress the near-term share valuation."

SCRX January option implied volatility of 82 is above its 26-week average of 48 according to Track Data, suggesting larger risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Tags: option implied volatility, OptionImpliedVolatility, Sciele Pharma, ScielePharma, scrx, Sular (high blood pressure treatment)., Sular(highBloodPressureTreatment).

#	Blogger	Posts	Cmts
1	Joseph Lazzaro	107	0
2	Tom Johansmeyer	98	3
3	Connie Madon	50	0
4	Steven Mallas	43	0
5	Mark Fightmaster	42	0
6	Tom Taulli	40	0
7	Steven Halpern	31	0
8	Trey Thoelcke	29	0
9	Melly Alazraki	26	0
10	Zac Bissonnette	24	0
11	Paul Foster	24	0
12	Brian White	22	0
13	Brent Archer	21	0
14	Jon Ogg	21	0
15	Jim Cramer	21	0
16	Elizabeth Harrow	18	0
17	Eric Buscemi	17	0
18	Sheldon Liber	13	0
19	Michael Fowlkes	8	0
20	Beth Gaston Moon	8	0

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

Other Weblogs Inc. Network blogs you might be interested in:

Skype soap opera ends as founders set to regain stake ahead of $2B sale Big LBOs are teetering, but Wall Street still planning record bonuses	Turnaround expert: Eight stocks below 1999 highs Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT) Reid Hoffman: LinkedIn will go public (at some point)
Apple's Mac mini tops chart of 'green' computers A Dozen Daily Deals, Day 3 Is your iPhone your wingman for Black Friday?	New website covers the rejected iPhone app beat Teamviewer 5 beta gets faster, adds voice and video conferencing Fugly Friday: Carnage UK, best viewed when drunk -- blind drunk
Colorado Governor's Mansion TP'd! BeaValdes for CoutureLab Jet Stefani Evening Bag, Handbag of the Day Zappos Opens the Door to Its VIP Club, Four Days Only	Google set to map the world -- and push out GPS makers as a result? Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT) Reid Hoffman: LinkedIn will go public (at some point)