Call Action Heats Up as Sequenom Rises (SQNM)

Shares of Sequenom Inc. SQNM are shooting higher today by nearly 12%, currently trading $6.19. There does not appear to be any notable news on the stock at the present time. Call action is heating up with the May $6 & $7 calls each traded over 3,000 times; the June $6 & $7 have also traded 2,420 time and 1,188 times, respectively. Call volume in the name is running at 2.06x the daily average with 70% of all calls traded being purchases on the offer. Sequenom, Inc. is a diagnostic testing and genetics analysis company.