Aetna AET (news,
chart,
quote) - AET option implied volatility up to 47 from a level of 37 an hour ago as stock sells off 21%
AET is down 9.73 to $36.70. SBSH lowered it rating on AET to Sell. SBSH say's "signs it may be aggressively underwriting or pricing to gain share." AET May option implied volatility of 47 is above a level of 37 from an hour ago and above its 6-month average of 28. AET call option volume of 57,875 contracts compares to intra-day put volume of 51,963 contracts. Above average option implied volatility and volume indicates investors adjusting positions on 21% sell off.
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