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










