Mid-day Flow Summary: ANN
Not a lot of notable activity this morning.
Ann Taylor Stores Corp (ANN)
Before the open this morning, AnnTaylor said first quarter profits fell but the outlook for the rest of year was still positive.
However, volume in options on ANN was heavy this morning. Trading was in excess of 7 times the average daily volume, with sellers seen in the July 40C in a multi ticket order on the CBOE a little before 10:30 am.
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About Ellen Spiro
Ellen Spiro brings nearly 20 years market experience to her position as Vice President of Sales & Marketing of Trade Alert, LLC. Her background includes Fixed Income Derivatives trading at Deutsche Bank and starting up a similar desk at West Deutsche Landesbank as well as securities industry consulting for Coopers & Lybrand. Her current role puts her in direct contact with many of the largest participants in the equity derivatives field.
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