King Pharmaceuticals Inc (KG) $10.14 -1.93%

| December 26, 2008 | 0 Comments More

Kings Pharmaceuticals (KG, news, chart, volatility) calls are actively traded. The stock has traded in a $10.35 to $10.06 range, and was recently down 24 cents to $10.10 per share. 1,473 Feb 12.5 calls have traded, compared to open interest of 162. The contract traded for 35 cents early, but has since lifted to 43 cents, perhaps suggesting that interest is driving up implied vols during today’s thin trading session.

Category: All Stocks, Mid Cap Stocks, Pharmaceuticals & Biotechnology

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About the Author (Author Profile)

Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.