Options Brief: PharmAthene, Inc. (PIP)

Shares of PharmAthene, Inc. PIP are higher on the session by 5.62%, trading at $3.76. Overall call volume is now running at 3.98x the daily average, with 76% of all calls traded being purchases on the offer. 2,071 contracts have traded on the session so far. PharmAthene, Inc. is a biodefense company engaged in the development and commercialization of medical countermeasures against biological and chemical weapons.