Shares of Manulife Financial Corporation MFC are lower on the session by 1.91%, currently trading at $16.46. The stock has been moving largely lower over the past four weeks and is currently trading below the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the June 2011 $17.00 call was purchased 1,000 times, on the offer, on open interest of 1,378 contracts.
Overall call volume is now running at 6.40x the daily average with 100% of all calls traded being purchases on the offer.
Manulife Financial Corporation is a life insurance and a holding company of The Manufacturers Life Insurance Company and John Hancock Reassurance Company, Ltd. MFC is a financial services company serving customers in 22 countries around the world.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in