Lightwave Logic, Inc. (LWLG) experienced a significant price surge of 24.88% during intraday trading on Friday.

The dramatic upward movement appears to be fueled by unusually bullish options activity, with call volume reaching 8,602 contracts - three times the expected level - and implied volatility spiking over 10 points to 127.02%. This substantial increase in call option trading and volatility indicates heightened investor optimism and speculative interest in the photonics technology company.