Human Genome (HGSI) options expensive into Phase Three data
Human Genome (Nasdaq: HGSI) : Human Genome-HGSI is recently down 7c to $2.51. HGSI is expected to report top-line Phase three BLISS-56 data on LymphoStat-B is expected in July. HGSI call option volume of 6,925 contracts compares to put volume of 1,209 contracts. HGSI July 2.5 straddle is at $1.20, August 2.5 straddle is priced at $1.90 according to Track Data, suggesting large price movement. Paul Foster
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