Express Scripts Inc (ESRX) $42.88 +1.11%
Express Scripts (ESRX) is seeing relative strength and high call volume amid strength in the space on talk of a possible settlement between the company and Walgreens (Briefing). ESRX is up 50 cents to $42.91. Options volume on the stock is 19,000 calls and 4,200 puts. The flow is scattered across a number of Dec, Jan and Feb calls. Jan 50s are the most actives, with 3900 traded. Meanwhile, implied volatility in ESRX options is up 9 percent to 41, as no official settlement announcement has apparently been made.
Category: All Stocks, Health Care Equipment & Services, Large Cap Stocks
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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.
