Friday, September 17, 2010

Chelsea Therapeutics (CHTP) - Bio-tech Stock Pops

CHTP is trading $5.53, up 34.2% in the last minute with IV30™ up 5.0%. The LIVEVOL™ Pro Summary is below.

On 8-23-2010 I wrote this article: Chelsea Therapeutics (CHTP) - Trading a Bio-tech With News

The stock has taken off in the last few minutes, the Livevol Pro Tick Chart is included (click to enlarge).

The company has traded over 20,000 options on total daily average option volume of just 950. Calls have traded on a 5:1 ratio. The Stats Tab and Day's biggest trades snapshots are included (click either image to enlarge).

Apparently some good news leaked or is going to leak, or... Either way, I just wanted to get this one out before the weekend. The details are in the first blog (above), no need for me to repeat them.

This is trade analysis, not a recommendation.

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