Safeway Inc (SWY) $21.47 +0.80%

| June 7, 2010 | 0 Comments More

Safeway shares are up 15c to $21.45 and notable trade in the July $20 put as 5,700 contracts trade at the 40c bid in an opening sale. Shares of the supermarket chain have declined some 25% since hitting a 52-week high of $27.05 on April, 22nd. The sale of these puts seems to be a bet that shares will hold support at the $21 level.

Category: All Stocks, Mid Cap Stocks, Retail

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