BCE, Inc. (NYSE: BCE) is one of the large multi-billion dollar pending mergers that is on hold and is caught in the middle of a fight. Its merger has been on the books for nearly a year but its ultimate fate is not yet know. Because of all the speculation in this and with a legal fight currently underway, this one is uncertain.
We have seen leveraged trading in the stock options activity today that threw up a big giant red flag. More than 20,000 options contracts traded today that looks like a straddle play in the June options.
You can read the full story at Volume Spike (VSinvestor.com) to see in-depth options analysis, where we think this stock has to go, and more detailed data on the BCE, Inc. legal fight.
BCE trades signal huge expectations for merger
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Reader Comments (Page 1 of 1)
6-01-2008 @ 11:28PM
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