TakeTwo Interactive Software Inc (TTWO) $9.42 -0.84%

| July 6, 2012 | 0 Comments More

Take Two Interactive (TTWO) is off 11 cents to $9.39 and afternoon trades on the software-maker include a multi-exchange sweep of 3,800 Aug 10 calls for 30 cents per contract when the market was 20 to 30 cents. A customer bought, to open, according to ISEE. 5,340 now traded. 1,056 Jul 10 calls also changed hands in TTWO today and implied volatility is up 10 percent to 44.5. Looks like speculative buying in the stock ahead of the weekend.

Category: All Stocks, Personal & Household Goods, Small 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.

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