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News Breaks
November 30, 2009
12:44 EDTIMGN
theflyonthewall.com: ImmunoGen option prices elevated into data
ImmunoGen is recently down 58c to $7.57. ImmunoGen most advanced compound, trastuzumab-DM1 (breast cancer treatment) is in Phase three testing, and data is expected before year end. ImmunGen December 7.5 straddle is priced at $2.05, January 7.5 straddle is priced at $3.00. IMGN December and January option implied volatility of 146 is above its 26-week average of 83 according to Track Data, suggesting large price movement. :theflyonthewall.com



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