Jazz Pharm (JAZZ) jumps and is now up 12 cents to $16.84. Options action is picking up in Dec 17.5 and Jan 20 calls, with 633 and 251 contracts traded, respectively. Looks like speculative call buying and probably in reaction to M&A chatter — Briefing.
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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.