Calls Sold on Argon ST (STST, BA)

Shares of Argon ST Inc.

are higher on the session by 40.24%, currently trading at $34.26. The stock is markedly higher on the session after the company said they would be acquired by Boeing

. Calls were sold on the stock today, betting that a higher bid is unlikely. Notably, the August $35.00 call was sold 1,435 times, on the bid, for $0.05. Calls sales have occurred on essentially every strike in every month. Call volume is now running at 9.01x the daily average. Argon ST, Inc. is a systems engineering, development and services company. The company provides full service command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance systems.