Quest Software (QSFT, news, chart, volatility) is seeing active trading after the company unvieled a new version of its performance analysis software. At the Oracle OpenWorld in San Francisco, Quest announced the latest verions of its Foglight Database Performance Analysis. The software is used to capture and analyze database workloads to identify performance issues. Investors don’t seem impressed. Shares are down 49 cents to $14.18. Sentiment seems a lot more bullish in the options market, with 4,300 QSFT calls and only 60 puts trading on the day. The October 15s are the most actives, with 2,200 traded and 59 percent trading on the offer.
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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.