Some Traders See Unusual Bullish Options Activity in F D C Ltd (Parent)

 Some Traders See Unusual Bullish Options Activity in F D C Ltd (Parent)

In today’s session F D C Ltd (Parent) (FDC) registered an unusually high (2,727) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious FDC increase. With 2,727 contracts traded and 28034 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: FDC161118C00014000 closed last at: $0.55 or 22.2% up. The stock increased 0.15% or INR 0.35 on November 11, hitting INR 227. It is down 19.65% since April 15, 2016 and is uptrending. It has outperformed by 14.67% the S&P500.

According to Zacks Investment Research, “First Data Corporation is a commerce-enabling technology and solutions company. It provides merchant transaction processing and acquiring; credit, retail and debit card issuing and processing; prepaid services and check verification, settlement and guarantee services. First Data Corporation is headquartered in Atlanta, Georgia.”

FDC Limited is a pharmaceutical company. The company has a market cap of INR39.79 billion. The Firm is engaged in manufacture of specialized formulations, and oral rehydration salts . It has a 79.14 P/E ratio. The Company’s therapeutic areas of focus include anti-infectives, gastrointestinals, ophthalmologicals, vitamins/minerals/dietary supplements, cardiac, anti-diabetes, respiratory, gynecology, dermatology and analgesics.

FDC Company Profile

First Data Corporation, incorporated on April 7, 1989, is an electronic commerce company. The Firm is a merchant acquirer, issuer processor and independent network services provider, which enables businesses to accept electronic payments, helping financial institutions issue credit, debit and prepaid cards, and routing secure transactions between them. The Company’s divisions include Global Business Solutions (GBS), Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate. The Company’s Corporate segment’s activities include corporate-wide governance functions, such as the Company’s executive management team, aviation, tax, treasury, internal audit, corporate strategy, and certain accounting, human resources and legal costs related to supporting the corporate function.

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