BudCapital
Short

Specialty drug manufacturer - 3rd round of put buying

NYSE:VRX   VALEANT PHARMACEUTICALS INTERNATIONAL INC
53 0 1
$VRX estimated report date is feb 22nd. Options market is pricing in a 15% move. Implied volatility is fairly high but this is the 3rd round of put buying I have noticed in the last month. Watching for a strong volume breakdown.
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