Dendreon Options Spike (DNDN)
wrote an interesting post today on
Here’s a quick excerpt
Dendreon Corp. (NASDAQ: DNDN) is seeing a flurry of stock options activity today yet the stock is not reflecting the volume at all. We have seen more than 20,000 shares in both PUTS and CALLS in November 2008. Oddly enough, this is actually before most traders expect big news from PROVENGE. Option/Strike Volume OpInt NOV08 $12.50 CALLS 20,136 5,837 NOVo8 $2.50 PUTS 20,505 2,413 This is representative of 2 million shares on a fully leveraged basis. This
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