Seagate Technology (STX) $15.31 +0.59%
Seagate Technology (STX) adds 10 cents to $15.32 and the Sep 12 – 16 call spread on the storage device maker is apparently sold at $2.55, 10000X on ISE. It might be a closing trade, possibly exiting a position opened on 2/23 when both contracts saw a flurry of activity. Shares were trading at $12.61 at the time and more than 75,000 calls traded in Seagate on that day (see 2/23 color). Shares have rallied 21.5 percent since then
Category: All Stocks, Mid Cap Stocks, Technology Hardware & Equipment
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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.
