SuperValu (SVU) is down 25 cents to $16.91, even after being added to the Short-Term Buy List at UBS. In the options market, a noteworthy trade early Friday was a block of 3000 Jul 20 calls at the 35-cent asking price. 3,200 now traded ahead of earnings Tuesday, before market.
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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.