Monster Worldwide Inc (MWW) $8.50 +0.00%
Monster Worldwide (MWW) is flat at $8.50, but investors are showing keen interest in the online employment website Friday morning. 3.7 million shares and 6,000 options traded in the name so far. About 5,400 calls and 600 puts have change hands. Dec 10 calls seeing the most volume. 1,500 traded. Sep 10, Oct 9 and Jan 11 calls are the next most actives. Implied volatility is moving up 3 percent to 97.5 and is elevated after FT Alphaville ran a story noting that banks have been shopping the company for a buyer and final round bids are due out next week (LINK to Article).
Category: All Stocks, Industrial Goods & Services, 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.
