Wednesday, October 28, 2009

Financials Are Scary, But HIG, Hartford Financial Sees Lots of Action

Insured HIG, Hartford Financial is seeing a lot of actions in November 25 calls, with over 4,00 traded today. The company reports earnings November 3rd. Insurers have been surprising lately.

Here are straddles for it, with prices as of 11:10AM (StraddlesCalc tool).

6-month chart:

Note that we track the top financials here. HIG is not in that select group. Financials are scary today:

Not advice, please do your own due dilligence!

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