Option Activity Alert: PRU, WDC, HBI, ID

PRU – Prudential Financial, Inc. – Long-dated call options on Prudential Financial are active today following the purchase of butterfly spreads in the January 2012 contract. Shares in the Newark, NJ-based insurer rallied 2.75% today to secure an intraday high of $61.20. Analysts at Barclays Capital rated PRU new ‘overweight’ with a target share price [...]
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