Hudson City Bancorp (HCBK) is off 21 cents to $13.27 and 4500 Feb 12.5 puts hit bid-side at 22.5 cents per contract on ISE. Looks like an opening put seller, as there is no open interest in the newly-listed contract.
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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.