Health and Fitness Health and Fitness
Fri, January 9, 2009
Thu, January 8, 2009
Wed, January 7, 2009
Tue, January 6, 2009
Mon, January 5, 2009
[ Mon, Jan 05th 2009 ] - Market Wire
Avexa and Progen Merger Update
Fri, January 2, 2009
Thu, January 1, 2009
Wed, December 31, 2008
[ Wed, Dec 31st 2008 ] - Market Wire
Obesity Comes With a Price Tag
Tue, December 30, 2008
Mon, December 29, 2008
Wed, December 24, 2008
Tue, December 23, 2008
Mon, December 22, 2008
Sun, December 21, 2008
Fri, December 19, 2008
Thu, December 18, 2008
Wed, December 17, 2008

Schaeffer's Street Stories: Put Players Take Advantage of a Rally in Savient Pharmaceuticals, Inc.


//health-fitness.news-articles.net/content/2008/ .. e-of-a-rally-in-savient-pharmaceuticals-inc.html
Published in Health and Fitness on Tuesday, December 30th 2008 at 11:50 GMT, Last Modified on 2008-12-30 11:51:12 by Market Wire   Print publication without navigation


CINCINNATI--([ BUSINESS WIRE ])--Option traders are honing in on Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) today, and these speculative investors are displaying a distinct preference for puts. So far, the equity's January 2009 5 put has seen 2,508 contracts cross the tape on open interest of 467, which suggests that the bulk of today's volume consists of newly opened positions.

Looking out to the March series, the 5 put is also the subject of heavy interest. A total of 5,020 contracts have crossed the tape at this strike, which carries open interest of just 276 contracts. As with the shorter-term put mentioned above, this option should see a significant boost in open interest tomorrow.

To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/put+players+take+advantage+of+a+rally+in+savient+pharmaceuticals+inc/observations.aspx?click=home&ID=90155 ]


Publication Contributing Sources

Similar Health and Fitness Publications