Action continues in Brocade (BRCD) — see 9:53 color. Shares now up 51 cents to $9.56 and recent trades include a Nov 12 – 13 call spread at an average of 17.5 cents, 60000X!
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.