Big Prints in Delphi Automotive (DLPH) late Friday, as a Mar 30 – 35 call spread is apparently bought on the stock for $1.90, 14000X to open. Shares jumped $1.77 to $30.64 on the day and spread looks tied to 650K shares at $30.65. The stock notched a new 52-week high today and is 39.3 percent since the $22 IPO on 11/17.
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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.