In today’s session Concordia Healthcare Corp (CXRX) recorded an unusually high (124) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the May, 2016 put, expecting serious CXRX decrease. With 124 contracts traded and 3464 open interest for the May, 16 contract, it seems this is a quite bearish bet. The option with symbol: CXRX160520P00020000 closed last at: $0.45 or 125% up. The stock decreased 9.03% or $2.63 on May 2, hitting $26.51. About 826,937 shares traded hands or 43.30% up from the average.