Sequenom Inc (SQNM) $6.28 +12.55%

| July 27, 2009 | 0 Comments More

29K calls traded on Sequenom (SQNM) Monday, compared to 6,200 puts. Shares are up 77 cents to $6.35 and August 4, 5, 6, and 7 calls are seeing active trading. Seems like a mix of buying and selling, perhaps some rolling up in strike prices. Implied volatility is up to 134 (+3) ahead of earnings (expected around July 29, but date not yet posted).

Category: All Stocks, Pharmaceuticals & Biotechnology, Small Cap Stocks

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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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