Delphi Automotive Plc (DLPH) $30.39 -1.15%
Delphi Automotive (DLPH) loses 50 cents to $30.25 and a Mar 30 – 35 call spread is bought on the stock for $1.60, 14000X. The bullish spread is tied to 650K shares at $30 and seems almost identical to one that traded late-Friday for $1.90 (see 2/3 color). Friday’s position was opening and today’s likely adds to it. DLPH, which had an IPO in November of last year, is an auto parts maker located in the UK. Shareholders have scored big gains on the stock. It’s up 41 percent year-to-date.
Category: All Stocks, Automobiles & Parts, 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.
