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Schaeffer's Street Stories: Put Players Take Advantage of a Rally in Savient Pharmaceuticals, Inc.

Publication: Business Wire
Publication Date: 30-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CINCINNATI -- Option traders are honing in on Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) today, and these speculative investors are displaying a distinct preference for puts. So far, the equity's January 2009 5 put has seen 2,508 contracts cross the tape on open interest of 467, which suggests that the...



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