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Option update: POZEN option prices elevated on FDA marketing approval

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POZEN Inc. (NASDAQ: POZN) recently up $3.62 to $14.15 in pre-open trading:


The FDA granted marketing approval for POZN's Treximet (treatment for migraines). Smith Barney increased its price target on POZN to $19. POZN over all option implied volatility of 130 was above its 26-week average of 89 according to Track Data, suggesting large price movement.

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

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S&P 500+4.981,110.63

Last updated: November 27, 2009: 02:42 AM

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