Filed under: Amgen Inc (AMGN), Options

Amgen, Inc. (NASDAQ: AMGN) recently trading up 15 cents to $46.87 on unconfirmed takeover chatter:

AMGN call option volume of 18,974 contracts compared to put volume of 3,607 contracts. AMGN March option implied volatility of 36 was above its 26-week average of 31 according to Track Data, suggesting traders are positioning for an upside move.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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