Posted Sep 2nd 2009 4:20PM by Paul Foster
Filed under: Options
Sepracor Inc. (NASDAQ: SEPR) was recently up $5.44 to $23.43 after Nikkei reported Dainippon S'tomo Pharma was to make an offer for SEPR. SEPR call option volume of 43,300 contracts compared to put volume of 12,182 contracts. SEPR September option implied volatility was at 55, October at 57, January at 41; verses its six-month average of 55, according to Track Data.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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