Put volume is picking up in Eastman Kodak (EK, news, chart, volatility) for a third time in a little more than a week. Feb 5 put open interest saw an increase of 10,000 Thursday. Jan and Feb 7.5 puts were active last Monday. Today, another 5,000 Feb 7.5 puts has traded, all in lots fewer than 280. ISEE Sentiment Data indicates about half is opening customer put buys. No news today. Earnings on Jan. 29.
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.