Calls Rolled on Flamel Technologies (FLML)

Symbols: FLML
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Shares of Flamel Technologies SA (NASDAQ: FLML) are lower on the session by 0.31%, currently trading at $6.48.

One options trader rolled his or her long position on the name today. The August $5.00 call was sold 8,713 times for $1.50 and the September $5.00 call was purchased 8,713 times for $1.64 a short while ago. Net debit is $0.14.

The relative open interest on both strikes further confirms a roll, 8,714 and 81 contracts, respectively.

Flamel Technologies S.A. is a biopharmaceutical company principally engaged in the development of two polymer-based drug delivery technologies. The company's nanoparticle Medusa technology is designed to provide controlled release following injection of therapeutic proteins, peptides and other large and small molecules.

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