AUSTIN, Texas, Dec. 3, 2002 (PRIMEZONE) -- The following is an investment opinion issued by Stockwinners.com. Option trading was brisk on Tuesday, as many morning participants turned defensive.
In a move reported by Stockwinners.com ActiveTraders editors, one player anticipated a fall in shares of Vivendi Universal (NYSE:V) and sold 5,000 contracts of January $12.50 calls. Another bearish investor purchased 6,750 contracts of SuperValue (NYSE:SVU) April $17.50 put options, taking a longer term negative view of the issue. Yet another bearish participant bought 1,000 contracts of FleetBoston Financial (NYSE:FBF) December $25 puts.
Elsewhere, the ActiveTraders page reported a more optimistic approach by a trader with an opinion on Halliburton (NYSE:HAL). That investor sold 2,500 contracts of HAL January $17.50 call options and purchased 2,500 contracts of January $25 call options. The move involved taking some money off the table, while remained bullish on the issue.
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