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Actionable news in SRPT: Sarepta Therapeutics, Inc.,

Sarepta draws bullish call spread

These Biotech Stocks Could Move on BioMarin's Duchenne Drug FDA Panel

Traders are looking for Sarepta Therapeutics to rally.

optionMONSTER's Heat Seeker monitoring system detected the purchase of 5,000 February 30 calls for $7.40 and the sale of 5,000 February 40 calls for $3.70. Volume was far above open interest in both strikes, showing that this is new positioning.

This vertical spread...