Arena Pharmaceuticals, Inc. (ARNA)

[vinnybotz]

i picked up a bunch of july $12 calls yesterday @.15. I believe fda approval would be met and stock can easily double by then. I did not want to see how my calls were doing today being the stock is down 9%. I was very surprised when I looked and noticed all the july $10 and up calls were all green. Mine are actually up 25% which is shocking on a day like this. The volume is quite impressive as well. If this doesnt tell you about approval confidence, then I dont know what does. GL to all!