Daily Options Trading for Amarin Corporation

Posted on 12/11/2012 by Jane Lacave

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NEW YORK (AVAFIN) -- During the last trading session, a new 90-day call record for traded contracts was established. There were 4.0 calls traded for every put contract yielding a 0.25 put/call ratio.

Investors use options to manage risk and to speculate on price changes. Options can provide significant leverage if the stock moves in the right direction but aslo end up worthless if it doesn't.

Amarin Corporation PLC is engaged in the research, development and commercialization of novel drugs for cardiovascular disease.

Amarin Corporation opened at $9.39 and the stock price declined $0.34 (3.64%) to $9.00 in the last trading session. AMRN is trading between the range of $8.37 - $9.40. Within the last month, shares of AMRN have lost -36.81% of their value.

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