Anavex Life Sciences Corp (AVXL)

[BAR123]

2 things on the options. Just visually the calls out weigh the puts significantly and the 510 calls bought for July 10 strikes is very telling. We will see what the open interest is tomorrow as it should be 1,416 plus the 510 on the volume for today so 1,926 should be the new open interest numbers. Someone is betting $20,400 (510 calls at .40c each = $20,400 )that the stock will be over $10 by the end of the 3rd week in July. I think so as well. If it hits $15 the guys will make $250K.

I think I am reading this correctly.