ARIAD Pharma (ARIA) volatility continues to move higher as shares trend lower

October 24, 2016 3:50 PM EDT

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ARIAD Pharma (NASDAQ: ARIA) October put option implied volatility is ta 155, November is at 120; compared to its 52-week range of 52 to 92 as shares continue to trend lower after former presidential candidate Senator Bernie Sanders recent poste to Twitter: "Drug corporations' greed is unbelievable. Ariad has raised the price of a leukemia drug to almost $199,000 a year."

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