There was more option activity in Insmed this week then ever before, all in the May expiration. Today 90 of the 12.5 call options traded. Earlier in the week 100 of the May 5 puts traded. While those are not large numbers for many stocks options - it is for Insmed.
It appears that bets are being placed that results may come out well before mid year.
Bo - those may 12.50 calls are all mine - it's a cheap way to have great exposure - all we need is one pr that will lift the stock price and I'm in the money - 12.50 is only 1.25 pre-split and I do believe we are worth more then that when we had 1.00 in cash at one point pre-split. one wonders when we are going to hear about iplex - you can't tell me this drug is dead when merck owns all of the ip that has made iplex. I can't wait for the day we get a cleared picture on iplex production and who is involved. roche/ipsen to replace inclrelex?