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Option update: Amgen call volume & volatility increases

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Amgen, Inc. (NASDAQ: AMGN) recently trading up 15 cents to $46.87 on unconfirmed takeover chatter:


AMGN call option volume of 18,974 contracts compared to put volume of 3,607 contracts. AMGN March option implied volatility of 36 was above its 26-week average of 31 according to Track Data, suggesting traders are positioning for an upside move.

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

Symbol Lookup
IndexesChangePrice
DJIA-17.2410,433.71
NASDAQ-6.832,169.18
S&P 500-0.591,105.65

Last updated: November 25, 2009: 03:44 AM

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