May 5 calls on National Bank of Greece (NBG) are trading at the 15-cent asking price, as shares rise 28 cents to $3.26 after EU officials pledged financial aid to the debt troubled country. EU Commissioner for Economic and Monetary Affairs Olli Rehn said he’s confident a package will be available in coming days. 4154 May 5 calls traded on the bank (72% Ask). May 2.5 puts, June 5 calls, June 2.5 calls, and Aug 5 calls are seeing interest as well.
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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.