Unum Group (UNM) is up 4 cents to $10.88 and options volume is 6X the normal after an investor sold 20K June 15 calls for 60 cents. Looks like an opening seller, perhaps writing calls against shares. A block of 40K UNM shares traded for $10.84 about 5 minutes after the calls.

1 user commented on " Unum Group (UNM) $10.88 +0.37% "
Follow-up comment rss or Leave a TrackbackThere was a bearish writeup on UNM in Barron’s in the past few weeks (Feb 12, 2009) – questionable reserve accounting, optimistic earnings projections, earnings management, and past problems with accounting issues.