Mylan: Most Active Calls at CBOE

Published on Wednesday, 08 September 2010 21:27 Written by Christian Paolinetti

New York, September 8^th (Tradershuddle.com) – Mylan (NASDAQ:MYL), the global generic and specialty pharmaceuticals Company, had the most active Call options volume.

Call options on Mylan with a $18.00 strike price expiring on October 16^th 2010, were the most active call options with 16,963 contracts traded. The price of the Call finished at $0.41 per contract adding $0.01 in the session.

The contract Greeks are: Delta: 0.41; Gamma: 0.32; Vega: 0.02; Theta: -0.01.

Shares of Mylan slid 0.45% to $17.57 during the session. The 52-week low is $14.12 and its 52-week high is $23.63. Mylan fell with close to average volume of 6.7 million shares versus its 90day average daily volume of 6.5 million shares.

Mylan completed its acquisition of Bioniche Pharma Holdings Ltd. for $550 million in cash, sooner than it had expected. The deal was announced last month and Mylan says the injectable drug maker will add to its profit in the first year after the closing.