<< Read Full Article
<< Read Full Article
Options: Hartford Financial Put Action
By Jud Pyle, CFA, chief investment strategist for the Options News Network
Heavy options activity in Hartford Financial Group(HIG Quote) crossed the tape the same day the company closed a deal to take over Federal Trust Bank, but at least one bullish investor appeared to be selling puts.
During midday trading Thursday, approximately 20,000 HIG Sept. 10 puts changed hands for around $1.05 with the stock at $12. The Sept. 10 puts, which dropped 30 cents on the day Thursday, were home to open interest of 48,000 contracts. More than 24,000 HIG puts changed hands yesterday versus the 10,000 calls that traded, but the price change in the puts is down more than delta, which indicates a seller. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet