Jazz Pharmaceuticals (JAZZ) saw a spike beginning about 30 minutes ago and is up 96 cents to $8.04 in active trading late Tuesday. Options activity is running 10X the average daily amid increasing interest in Dec 7.5 and 10 calls, with 1949 and 1035 contracts traded, respectively, and about three quarters traded ask-side. No headlines yet.
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.