Notable Call Options Activity in Sangamo BioSciences

Shares of Sangamo BioSciences (NASDAQ: SGMO) are lower on the session by 24.60%, currently trading at $3.28. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.

Options traders are focusing on calls today. A short while ago the November 2011 $3.00 call traded 1,000 times on open interest of 11 contracts.

Calls are outpacing puts today by 6 to 1.

Sangamo BioSciences, Inc. is engaged in the research, development and commercialization of zinc finger deoxyribonucleic acid (DNA)-binding proteins, a naturally occurring class of proteins, and develop a technology platform.