Qwest Communications International Inc (Q) $3.24 +0.62%

| February 2, 2009 | 0 Comments More

Quest (P/C Chart, news, volatility) April 10 calls are actively traded. With shares unchanged at $3.22, more than 4,000 of these deep out-of-the-money contracts traded. The volume has been in 615 contracts or less traded ask-side for a nickel. Open interest is only 93. April 7.5 calls also being bought in early trade. No news. Earnings due out Feb. 10.

Category: All Stocks, Fixed Line Telecommunications, Mid Cap Stocks

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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.

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