Usec Inc (USU) is seeing unusual action today. The stock is up $1.13, or 27 percent, to $5.25 a share and volume in the options market is running three times normal. Most of the action is on the bullish side of the trade, with 8,163 call options and less than 1,000 puts trading on the day. Sentiment is 59 percent bullish. There is no obvious news to explain the action. Earnings are due out in early May.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.