Vertex Pharma (VRTX) January puts spreaders active on low volatility
Vertex Pharma (Nasdaq: VRTX) is recently up 86c to $40.85. VRTX January 30 puts have traded 13,750 contracts, January 35 puts have traded 5,550 contracts. VRTX November option implied volatility is at 36, December is at 36; verses its six-month average of 49 according to Track Data, suggesting decreasing price movement. Paul Foster
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