Texas Instruments Incorporated (TXN) $31.95 -0.76%
Interesting spread is opened in Texas Instruments (TXN) ahead of the company’s March 8 mid-quarter update. An April 31 – 34 call spread is bought on the chipmaker for $1.41, 4000X on ISE. Data from the exchange indicate an opening position for a customer account. Shares are down 21 cents to $31.98 and the total options volume, of 20,000 calls and 2,000 puts, is 2X the daily average for T-I.
Category: All Stocks, Large Cap Stocks, Semiconductors
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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.
