Today’s tickers: CHK, MER, RIGL, MYL, HRS, IR, LIZ CHK - – We have an update to report on that intriguing call-spread activity to report this morning out of oil and natural gas extractor Chesapeake Energy, whose shares rose 2% to $45.79 following mixed oil inventory data. Chesapeake shares are more than $23 off their high of July 2, and the direction of a 20,000-lot call spread ente...
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Big spreads take shape in Chesapeake Energy, Merrill Lynch…and eerie post-earnings volatility in Rigel
Wed, Aug 6, 12:20 PM ET
Filed under: Alcoa Inc (AA), Intl Flavors/Fragr (IFF), Allegheny Technologies (ATI), Analyst initiations, salesforce.com inc (CRM)MOST NOTEWORTHY: The Metals and Mining sector, Lamar Advertising and Rigel Pharmaceuticals were today's noteworthy initiations: Banc of America initiated the Metals and Mining sector with an Equal Weight rating and believes investors should take a selective approach ...