Stocks quoted in this article:
MarchFirst (MRCH - 23-1/8) has retreated by more than two points, or nearly 10 percent, in this morning's trading. This setback has the shares poised to snap their four-session winning streak. Before these losses, though, the security was able to notch its highest intraday level since June 7. What's more, the equity is set to close this week's activity above its 20-week moving average for the first time since early March.
In MRCH's options pit today, the out-of-the-money September 30 call has been active on volume of 3,024 contracts and open interest of a mere 59 contracts. This is now among the most-active calls on the Pacific Exchange. Also, 1,000 put contracts have traded at the out-of-the-money November 17-1/2 strike, which has open interest of 193 contracts.<