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Peak6 Likes Cephalon (CEPH)

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Peak6 Likes Cephalon CEPH

Jared Levy of Peak6 said on CNBC's Fast Money that he thinks that big investors are betting on significant price increase in Cephalon (NYSE: CEPH) stock. He came to that conclusion by observing the trading with May call options. The big volume on this financial instruments suggests that this stock is moving up.

Cephalon (CEPH) gained 1.09% today and closed at $62.97.

 

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Posted-In: CNBC Jared Levy Peak6 Fast MoneyLong Ideas Media Trading Ideas