old 10000 May 50 calls at $3.26. Secondaries (announced/priced): BBEP, ARR, WETF, MNKD IPO's: N/A Key Research: GS downgrades US Managed Care and AGP/VRTX & adds ALXN to Conviction Buy list, SocGen downgrades UNA NA Key Research: Barcap downgrades RDSA LN & upgrades BBT, Think initiates IART/TH0R/REGN