Newell Rubbermaid Inc (NWL) $17.21 -0.86%
Newell Rubbermaid (NWL) loses 15 cents to $17.21 and a 10,000-contract block of Mar 18 calls trades on the stock for 65 cents per contract on ISE and is apparently tied to 390K shares at $17.25. Data from ISE indicate an opening position traded firm-to-firm. 12,637 now traded. Jan 16 and Mar 17 puts on NWL are seeing interest as well and implied volatility in the options on the stock is up 13 percent to 34.5, possibly in anticipation of the Jan 27 earnings release. The stock jumped 11.1 percent on10/28 after earnings were last relesed and are up another 12 percent since that time.
Category: All Stocks, Mid Cap Stocks, Personal & Household Goods
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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.
