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Options Trading News

December 19, 2012  Wed 3:47 AM CT

AEGR: SEE CHART GET CHAIN FIND STRATEGIES
Aegerion Pharmaceuticals popped yesterday and drew the same call spread for the second day in a row.

optionMONSTER's systems show that a trader bought 3,000 January 25 calls for $1.50 against open interest of 1,666 contracts and sold the same number of January 30 calls for $0.30 against open interest of 1,305 yesterday. We saw the same vertical spread in the previous session. (See our Education section)

AEGR gained 3.83 percent on Tuesday to close out the session at $23.30, its highest close in more than a year. Shares bounced at support at $20 two weeks ago and from deeper support at $14 in mid-October.  

Overall option volume in the name totaled 11,960 yesterday, compared with a daily average of only 660.
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