Hudson City Banc (HCBK) is seeing unusual volume. Shares are up 3 cents to $10.53 and it looks like some investors are accumulating April 12.5 calls. Recent trades include a multi-exchange sweep of 1000 contracts at the offer for 50 cents. ISEE sentiment data confirms customers are opening with buys.
still looking into this….
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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.