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Puts sold in Expeditors International
November 3, 2009 Tue 11:49 AM CT

Expeditors International is trading lower after third-quarter earnings results came in below estimates this morning, but option trading doesn't see the name completely falling out of the sky.

EXPD ChartThe freight company, which is down 3.5 percent to $32.27, this afternoon, has mostly bounced between $31 and $37 since early April. EXPD did see a nice rally off the March low of $23.86, running up above $38...


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