Notable Put Options Activity in MELA Sciences
Shares of MELA Sciences (NASDAQ: MELA) are higher on the session by 2.84%, currently trading at $5.07. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. A short while ago the January 2012 $2.50 put traded 2,650 times on open interest of 5,593 contracts.
Put volume is dominating call volume 11 to 1.
MELA Sciences, Inc., formerly Electro-Optical Sciences, Inc., is a medical device company focused on the design, development and commercialization of a non-invasive, point-of-care instrument to assist in the early diagnosis of melanoma.
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