UBS AG LONDON BRH (UBS) $16.04 +3.68%
UBS is up 63 cents to $16.10 and options order flow is bullish after Bloomberg reported the bank’s first quarter fixed income revenue was said to be $2.3 billion. Shares saw an immediate spike on the news and April calls at the 15, 16, and 17 strikes are the most actives. 6,650 calls and 215 puts traded total. Implied volatility is up about 2.5 percent to 31.
Category: All Stocks, Banks, Large Cap Stocks
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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.
