Shares of MELA Sciences MELA are higher on the session by 11.11%, currently trading at $2.10. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average.
Options traders are focusing on calls today. A short while ago the September 2011 $2.00 call traded 900 times on open interest of 161 contracts.
MELA Sciences, Inc., formerly Electro-Optical Sciences, Inc., is a medical device company focused on the design, development and commercialization of a non-invasive, point-of-care (in the doctor's office) instrument to assist in the early diagnosis of melanoma.
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