Call Volume Grows on Martek Biosciences (MATK)

Shares of Martek Biosciences Corp.

are markedly higher on the session, up by 16.21%, currently trading $22.37. The stock has fallen sharply over the past four weeks, but has jumped suddenly higher today after the company said that their Q2 profit climbed 14%. Call volume is growing on the stock today. Though volume has been primarily in small lots, call volume is running at 7.91x the daily average with 75% of all calls traded being purchases on the offer. They are focusing in on the $20 and $22.50 strikes. Martek Biosciences Corporation is engaged in the innovation and development of nutritional products from microbial sources, including algae, fungi and other microbes, that promote health and wellness.