Options Brief: pSivida Corp. (PSDV)

Shares of pSivida Corp. PSDV are lower on the session by 20.75%, trading at $5.03. Overall put volume is now running at 6.41x the daily average, with 62% of all puts traded being purchases on the offer. 1,045 contracts have traded on the session so far. pSivida Corp., together with its subsidiaries, develops drug delivery products in the healthcare sector. It develops products utilizing its proprietary technologies, including Durasert, BioSilicon, CODRUG, and Medidur.