Notable Put Options Activity in Enzon Pharmaceuticals

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Shares of Enzon Pharmaceuticals
ENZN
are lower on the session by 2.37%, currently trading at $7.43. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the May 2012 $7.50 put, which has traded 20,60 times on open interest of 0 contracts. Put volume is outpacing call volume by 2,000 to 1. Enzon Pharmaceuticals, Inc. is a biopharmaceutical company, which is engaged in the research and development of therapeutics for cancer patients with high unmet medical needs.
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Posted In: OptionsMarkets
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