From the Company Tab I see that ANDS averages 175 option contracts traded a day. On Wednesday, 3,163 contracts traded.... and ... ALL of those were Dec. 2.5 C purchases for a nickel against Open Interest of just 158. These are opening orders. The Company Tab and Option Tab snaps are below illustrating where I found that information (click images to enlarge).
Not that these numbers aren't enough to pique interest - how about this: On September 9 the company began dosing in Phase II ANA598 study (patients chronically infected with hepatitis C virus). It was supopsed to be a 12 week trial. 12 weeks from Sep. 9 gives me Dec. 2. Coincidence? I guess we'll find out. Either way, seems like a cheap bet.
Happy Thanksgiving to all.
Legal Stuff:
http://www.livevolpro.com/help/disclaimer_legal.html
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