Option Activity Alert: PBR, DNR, V, M

PBR – Petroleo Brasileiro SA – The oil producer popped up on our scanners today after one options strategist initiated a bullish butterfly spread using February 2011 contract calls. Shares in the Brazilian oil company are currently up 0.70% this morning to stand at $34.52 as of 11:40am in New York. In the final trading [...]