Harman International Industries Inc (HAR) $51.03 +1.49%
Harman International (HAR) adds 72 cents to $51 and a position in 1000 Feb 50 calls is apparently being sold to close at 90 cents to open a new bullish position in Mar 52.5 – 55 call spreads for 90 cents, 1000X. Looks like the Feb 50s were possibly opened on Feb 7 when earnings were reported and 1400 traded at a VWAP of 63 cents per contract. HAR is up 10.3 percent since that time.
Category: All Stocks, Mid Cap Stocks, Personal & Household Goods
Free Newsletter
If you enjoyed this article, sign up to receive more just like it.
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.
