Harris (HRS) continues to see active trading after the options column in todays Wall Street Journal reported that volume rose 13 times the normal Friday on reports the company was exploring strategic alternatives that could include selling itself. Today, volume is already running three times usual, with 1,882 calls and 957 puts trading during the first hour.
About the Author (Author Profile)
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.