November 3rd, 2009 - RRI - RRI Energy, Inc. - Yesterday afternoon one investor purchased 10,000 calls at the December 4.0 strike for 1.30 apiece despite the fact that shares were down 3% to $5.10. The seemingly contrarian strategy suggested shares of RRI were likely to rebound by expiration in December. Yet, the investor only needed ...
Author: Andrew Wilkinson