Option Bulls Target Comcast, GE After NBC Deal
Option traders quickly looked to capitalize on the announcement that Comcast Corporation (NASDAQ:CMCSA) was buying the remaining 49% of entertainment giant NBCUniversal from General Electric Company (NYSE:GE) for $16.7 billion. CMCSA shares immediately shot to a new 52-week high while the equity's options trading quintupled its normal amount in early trading. Calls exceeded puts by more than 3 000 contracts and also were trading at five times normal levels. The most active was the short-term February 42 call which has seen nearly 2 000 contracts change hands so far this morning. The option has seen volume far exceed open ...
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here