Kraft (KFT) is off 43 cents to $28.35 and a noteworthy trade this morning includes the purchase of 23K Mar 30 calls at 40 cents. It was tied to 566K shares at $28.25 (adjusted) and appears to open a new position, probably a volatility play on the food company.
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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.