Option Activity Alert: LO, HMA, AMR, USO
March 07, 2011 at 13:29 PM EST
LO – Lorillard Inc. – A three-legged spread involving April contract put options on the cigarette manufacturer appears to be the work of an investor positioning for the price of the underlying stock to slip ahead of expiration. Shares in Lorillard, the maker of Newport cigarettes, the number one menthol brand, are currently up 0.33% [...]
