The EXAS trade continues to move forward in a positive manner. With six weeks left until expiration, the time value of the option (right now 100%) should start to decrease in an accelerating manner. The big news of the results for Exact Science's colon cancer test are not scheduled to be out until after the options expire which is positive.
The price of the stock moved up to $4.83 on some good volume this week.
The option has also moved up a little to bid at $0.55.
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