Calls Purchased on BioDelivery Sciences International

Shares of BioDelivery Sciences International BDSI are lower on the session by 0.30%, currently trading at $3.27. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the September 2011 $2.50 call was purchased 2,000 times, on the offer, for $1.25 on open interest of only 743 contracts. Overall call volume is now running at 13.42x the daily average with 100% of all calls traded being purchases on the offer. BioDelivery Sciences International, Inc. is a specialty pharmaceutical company utilizing licensed and owned drug delivery technologies to develop and commercialize, either on its own or in partnerships with third parties, new formulations of therapeutics.