Agilent (A, news, chart) is seeing bullish order flow. The stock is down 7 cents to $35.99 and more than 6,600 calls have traded, compared to just 351 puts. Most of the action is in the August 40 calls, where 6,000 contracts and nearly all (99 percent) have traded offerside. Directional sentiment based on today’s flow is 92 percent bullish and comes ahead of an August 14 earnings release.
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.