Sara Lee Corp (SLE) $10.01 +2.56%
Sara Lee (SLE) is up 24 cents to $10.01 and players are showing interest in SLE calls Wednesday. October 10 calls are the most actives, with 2,236 traded and 91 percent trading ask-side. Looks like buyers in July 10 calls as well. ISEE sentiment data confirm that customers are buying to open bullish positions. No news today. On June 16, NY Post reported that SLE has blocked some bids from private equity companies for its household and personal care business. CLX and CL are among the interest parties. Implied volatility is falling, to 33 from 36 yesterday.
Category: All Stocks, Food & Beverage, Mid Cap Stocks
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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.
