Nutrisystem (NTRI) loses 3 cents to $12.53 and a Feb 11 – 13 bullish risk reversal is bought on the stock for 26 cents, 2000X, to open. It’s tied to 118K shares for $12.49 and comes amid a four-day 10.9 percent losing skid in the stock. Earnings will come into play around Feb 22, probably outside of the expiration.
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.