Moodys Corp (MCO) $19.42 +0.62%

| June 2, 2010 | 0 Comments More

The top options trade so far today is a block of 8724 Moody’s (MCO) August 12.5 puts on the 60-cent bid. Shares are up 9 cents to $19.39 and the trade looks like a put writer opening a new position. 9,000 now traded vs. 1339 in open interest. Implied volatility in MCO is down 1.5 percent to 72, compared to a 52-week high and low of about 79 and 27.

Category: All Stocks, Financial Services, Mid Cap Stocks

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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.

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