Seagate (STX) loses 4 cents to $15.03 and the STX Jan 14 buy-write has been popular in recent trade. 5500 traded at 32 cents over (Jan 14 calls at $1.56 vs. $15.24) and 2500 at 35 cents over. 10,250 contracts now traded. Open interest in STX Jan 14 calls increased by 7,018 to 24,027 following similar action yesterday.
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.