Yahoo! adds 26 cents to $15.87 and a Nov 17 – 18 call spread is bought on the Internet giant for 12 cents, 10000X, to open. Yahoo has performed well lately, up 8.4 percent month-to-date. Goldman reinstaed the stock with a Buy today.
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.