Grupo Televisa SA (TV) $14.96 -0.99%

| January 23, 2009 | 0 Comments More

Traders are dialed in to Grupo Televisa (TV) calls. Shares are down 19 cents to $14.92 the day after the company reached a long-awaited settlement with Univision. Shares rallied about $1 when the news was announced late yesterday. In the options market, total volume is running 12 times the average daily levels, with 7,500 calls and 540 puts traded. April 17.5s are the most actives, with 5,260 traded. All of the day’s trades have been in fewer than 250 contracts and 90% traded on the offer.

Category: All Stocks, Media, Mid Cap Stocks

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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.

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