3Com (COMS) spikes 31.8 percent to $7.75 in after hours after H-P makes a bid for the computer parts maker. Interesting options activity ahead of the news — Chart. Today’s trades included large buyers of Nov and Dec calls at 65 cents and 80 cents, respectively.
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3Com (COMS) $7.75 +31.8%
Posted on November 11th, 2009 4:35 pm
by fredruffy in All Indexes
(2 votes, average: 4.50 out of 5)You need to be a registered member to rate this post.
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1 user commented on " 3Com (COMS) $7.75 +31.8% "
Follow-up comment rss or Leave a TrackbackAnother amusing story. Wasn’t 3Com one of the related securities being traded (also INTC) that was the target of the latest SEC investigation targeted because of insider trading? Forget who the person was, but he was taken away in cuffs. It will be interesting to see if anything comes of that trade….
Eh, I’m still long my $MSH calls though Fred. Too bad it doesn’t have any COMS though. The history on COM though is that the director was actually buying shares around $2.5 along time ago. I wish I still had a position myself, but oh well.