News
CONTENT PREVIEW
For full access to news articles, webcasts and more, log in or register now
Long-term bet on St. Jude Medical
March 8, 2010 Mon 6:06 AM CT

St. Jude Medical has been trapped below $40 since June 2009, but one trader is betting that the stock will break above that level by early next year.

STJ ChartTotal option volume in the cardiovascular device maker has averaged just 729 per day in the last month, but more than five times that number traded at a single strike Friday. optionMONSTER's tracking systems show that 4,117 calls changed hands...


To continue reading, log in or register now:
Free Registration
  7. I agree to the Terms of Use
  8. Free Email Newsletters
    Pre-Market Briefing Summary (1x / day)
    Our intelligence on overnight trading, technical patterns in play, and the day's economic reports, consolidated into a single email sent before the market opens. [View sample]
    Mid-Session Update (1x / day)
    A round-up of stories at mid-point in your trading day, plus the latest episode of our Volatility Sonar webcast. [View sample]
    Webinar Schedule (1x / month)
    A listing of our webinar titles for the coming month, with times, presenter info and more. [View sample]




Share |