Calls Purchased on Cubist Pharma (CBST)

Loading...
Loading...
Shares of Cubist Pharmaceuticals Inc.
CBST
are higher on the session by 4.23%, currently trading $22.42. The stock was trading lower and lower over the past few weeks, but has managed to regain the 50-day moving averages in today’s trade. Calls are being bought on the name today with the June $22.50 strike call purchased 1,150 times on open interest of 1,192 contracts, as well as 4,613 contracts traded on the June $25 strike, which has open interest of 77 contracts. The July $25 call was also purchased 1,180 times on 22 open contracts. Call volume is now running at 5.82x the daily average. Cubist Pharmaceuticals, Inc. is a biopharmaceutical company focused on the research, development and commercialization of pharmaceutical products that address unmet medical needs in the acute care environment
Posted In: Long IdeasTechnicalsOptionsTrading IdeasBiotechnologyHealth Care
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...