Traders make long-term bet on Celgene

Last Updated: Tuesday, May 29, 2018 1:50 PM | Bobby Raines

Unusual Options Activity

Traders are making a long-term bet Tuesday on shares of Celegene (CELG). So far today, 7,281 contracts of the June 2019 call have changed hands, against open interest of 257 contracts. Pricing in today's trades has all been in the high half of the bid-ask spread, indicating that these new contracts were initiated from the buy side.

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