Wednesday, October 19, 2005

Amgen (AMGN) Trading Higher Ahead of Earnings

Biotech giant Amgen (AMGN) is trading higher before they release earnings after the bell today. There is a lot of activity in Amgen's October 80 Call Option today. Over 12,400 contracts have been traded with an open interest of 39,480. The option contract expires on Friday/Saturday and is up about $0.15. Amgen is trading near $77 a share, off from its 52 week high of $86.92.

Keep Amgen on your radar.


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