Athenahealth Inc (ATHN) $26.65 +3.33%
Athena Health (ATHN) shares finished down 45 cents to $25.79 and options volume rose to 4.5X the average daily Friday, after the Aug – Sep 22.5 put spread traded 5200X. Looks like a buyer paying 80 cents and open interest data indicate a roll out of August and into September. It likely exits, at a loss ($1 per contract), a position opened on July 9, when the July – Aug 22.5 put spread saw interest; which appeared to roll a losing position as well.
Category: All Stocks, Small Cap Stocks, Software & Computer Services
Free Newsletter
If you enjoyed this article, sign up to receive more just like it.
About the Author (Author Profile)
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.
