Notable Call Options Activity in Amarin
Shares of Amarin (NASDAQ: AMRN) are higher on the session by 13.92%, currently trading at $8.145. The stock has been moving largely lower over the past two months, but it is currently testing the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $8.00 call, which has traded 5,700 times on open interest of 4,866 contracts. Large lots are active on the name today.
Calls are outpacing puts today by 6 to 1.
Amarin Corporation plc is a clinical-stage biopharmaceutical company focused on developing improved treatments for cardiovascular disease.
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