Interest is picking up in Juniper Networks (P/C Chart, news, volatility) calls after last week’s post-earnings sell-off. Shares are up 30 cents to $14.16 and 21,000 calls have already traded, compared to 3,000 puts. Directional sentiment is bullish (78 percent) amid heavy buying in the Feb call with strike prices ranging from 15 to 18. April 21 calls are also seeing action early.
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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.