Helath Management Associates (HMA) loses 3 cents to $10.12 and looks like the Aug 11 – 13 call spread is bought at 55 cents, 1300X. Looks like a new bullish position and one that pays off if shares move to $11.55 or beyond through the August expiration, a gain of 14.1 percent.
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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.