Notable Options Activity in Gilead Sciences Inc

Shares of Gilead Sciences Inc

are higher on the session by 13.71%, currently trading at $53.00 Option volatilities are lower with April -120.5 points, May -19.1 points, and August is -4.5 points. The strike seeing the heaviest action is the Aug 2012 $50.00 call, which has traded 6,000 times on open interest of 6,700 contracts. Gilead reported good results on its HepC drug this morning.