Medivation (MDVN) September calls active following Reuters report

August 17, 2016 1:12 PM EDT

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Medivation (NASDAQ: MDVN) September 65 and 70 calls are active on total call volume of 3K contracts (1K puts) on Merck (NYSE: MRK) is one of at least five pharmaceutical companies that submitted indications of interest in buying Medivation, reports Reuters. August call option implied volatility is at 55, September is at 36; compared to its 52-week range of 26 to 92.

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