Investors are tuning in to CBS (CBS) calls for a second day. May 7.5 calls were being bought yesterday after Soleil raised the stock to Buy and a $9 price target. Open interest increased by 5,391 contracts. CBS is up 26 cents to $7.30 and 5000 June 5 call traded. today. One of the top trades is 1,178 contracts for $2.20 around noon on the ISE, which is an opening customer buy order. No news on the stock today. Earnings due out May 7.
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.