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Express Scripts (ESRX) August call volume and option implied volatility elevated on Icahn

August 7, 2018 10:21 AM

Express Scripts (NASDAQ: ESRX) August weekly call option implied volatility is at 48, August is at 55; compared to its 52-week range of 20 to 48 after Carl Icahn says Cigna (CI) dramatically' overpaying for Express Scripts. Call put ratio 5.2 calls to 1 put with focus on August weekly 80 and 84 calls.

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