Exelixis Inc (EXEL)

[robtewms]

Volume was the news today. It may have doubled in the last hour. I entered and cancelled at least five sell orders today. Next few days will be interesting.

In the absence of 5 - 6 million shares traded, shorts, covered calls sellers, and puts buyers benefit from low prices heading into options expiration on Friday. So, price trend may be same as Friday last week and options expiration last month.