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March 22, 2010 8:37:02 AM EDT

OptionMonster Commentary from Jon Najarlan

Bulls betting on Celldex Therapeutics
Monday March 22, 2010 09:16:29 EDT

Celldex Therapeutics has been rallying for the last month, and one trader is positioning for it to keep running.

optionMONSTER's tracking systems detected the purchase of about 1,100 May 7.50 calls for about $0.23 and the sale of a matching number of May 5 puts for $0.28. The trade generated a credit of about $0.05 and volume was more (continued...)



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