Market Overview

Call Volume Grows on Martek Biosciences (MATK)


Shares of Martek Biosciences Corp. (NASDAQ: MATK) 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.

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