Options In Focus: No Slip & Fall at Bed Bath & Beyond?
Posted on June 19, 2012 at 18:51 PM EDT
Inside of the IBD 50, shares of No. 47-ranked Bed Bath & Beyond (BBBY) saw its option volume swell to 16,500 contracts and more than 1,000% above its 50-day simple moving average of 1,400 on Tuesday. Heading into the final minutes of the trading day, puts are finding favor by a 1.25-to-1.0 margin as shares trade higher by 0.62% out of a base-on-base pattern to a fresh all time-high. Given the technical picture, what's to explain the incongruity