International Game Tech (IGT) sees a morning spike, now up 47 cents to $18.95 and bullish flow is detected, with with 5748 calls trading, or 5x the recent avg daily call volume in the name. April 19, April 20, and May 21 calls are the most actives on LBO speculation, Fly on the Wall.
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.