Crown Castle International Corp (CCI) $27.63 +1.69%
Crown Castle International (CCI, news, chart, volatility) is seeing bullish order flow early Tuesday. Shares are up 27 cents to $27.44 and 9,000 calls have traded, compared to only 23 puts. Most of the volume is in the January 45 calls, where 8,800 contracts have traded and 99 percent of today’s volume as traded on the offer. With open interest of 12,936, the volume might be closing, perhaps unwinding of a buy write.
Category: All Stocks, Mid Cap Stocks, Technology Hardware & Equipment
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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.
