Hovnanian (HOV) is up 2 pennies to $7 and it looks like the Nov 5 – 7.5 bullish risk-reversal is bought at 80 cents, 3000X on PHLX. It might offset an existing position, as open interest is sufficient to cover in both contracts.
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Hovnanian Enterprises Inc (HOV) $7.01 +0.43%
Posted on May 5th, 2010 10:28 am
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