United Therapeutics (UTHR) $58.56 +1.74%

| January 28, 2010 | 1 Comment More

United Therapeutics (UTHR) saw a morning spike to $58.90 and was recently up $1 to $58.56. In the options market, bullish flow was detected, with 3,131 calls traded, or 3X the recent average daily. Feb 60 calls are the most actives. 2170 traded (97 percent Ask) and implied volatility is up about 6 pecent to 37.8. Looks like call buyers bracing for a move higher. No news to explain the relative strength or increased options action in UTHR Thursday. Earnings expected mid-Feb.

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

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  1. fredruffy says:
    January 28, 2010 at 2:29 pm

    Looks like it’s now running up to previous resistance highs around $59.70

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About the Author (Author Profile)

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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