Expedia Inc (EXPE) $59.94 +4.99%

| September 21, 2012 | 0 Comments More

Expedia (EXPE) is up $2.45 to $59.54 and moving to new 52-week highs in active trading of 1.9 million shares after Deutsche Bank upgraded the stock to Buy from Hold. 4,315 calls and 850 puts traded on the Bellevue, WA online travel company. Oct 60 calls, which are now 46 cents OTM and expiring in four weeks, are the most actives. 2,150 traded against 1,591 in open interest. Sep 60, Oct 55, and Sep 55 calls are the next most actives and 30-day ATM implied vols are moving up 7 percent to 35.5.

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Category: All Stocks, Mid Cap Stocks, Travel & Leisure

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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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