VeriFone International Holdings Inc

Bullish Options Activity on VeriFone Systems Inc Surges After Better FundamentalsIn today’s session VeriFone Systems Inc (PAY) registered an unusually high (1, 000) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious PAY increase. With 1, 000 contracts traded and 39444 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: PAY10000 closed last at: $0.35 or 16.7% up. About 759, 425 shares traded hands. VeriFone Systems Inc (NYSE:PAY) has declined 42.87% since April 29, 2016 and is downtrending. It has underperformed by 48.96% the S&P500.

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