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Option update: PDL BioPharma no longer pursuing sale of company

Posted Mar 5th 2008 9:30AM by Paul FosterPaul Foster RSS Feed
Filed under: Options


PDL BioPharma (NYSE: PDLI) announced it will no longer actively pursue the sale of the company or its biotechnology discovery and development assets.

PDLI is recently down $2.96 to $12.88 in pre-open trading.

PDLI overall option implied volatility of 41 is above its 26-week average of 37 according to Track Data, suggesting slightly larger price movement.

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

Tags: option implied volatility, OptionImpliedVolatility, pdl biopharma, PdlBiopharma, pdli

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Last updated: February 13, 2012: 06:20 AM

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