McKesson Corp (MCK) $66.78 +2.44%

| March 30, 2010 | 1 Comment More

Mckesson, the San Franciso-based wholesale pharmaceutical distributor, spikes to a new 52-week high, now up $1.19 to $66.38 on 7X the average daily options volume. About 6000 calls and 770 puts traded, including increasing interest in April 67.5, April 70, and May 70 calls. Checking for possible catalysts

Category: All Stocks, Large Cap Stocks, Retail

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  1. fredruffy says:
    March 30, 2010 at 3:40 pm

    LBO chatter.

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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.

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