Ultra Petroleum (UPL) loses 46 cents to $22.39 and early trades on the Houston, TX oil and gas company include a multi-exchange sweep of 4,097 Sep 26 calls for 25 cents when the market was 15 to 25 cents. 5,054 traded against 2,473 in open interest. No news on th ticker. Earnings were reported on Aug 2. Shares are down nearly 6 percent since that time.
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.