Eastman Kodak Co. (NYSE: EK) is seeing elevated options state and elevated stock volume. Shares are up 26% at $4.11 and as of 1:20 PM EST we have seen 11,825,618 shares trade hand. The average intensity is roughly 5.1 million shares. Eastman Kodak shares have traded in a range of $3.15 to $ 4.15 today and its 52-week range is $2.01 to $17.71. Due to the sell-off and erosion, its market cap after today’s 26% gain is still exclusive $1.11 billion. The options state is trading close to 10,000 contracts among the $4.00 CALL and $5.00 CALL Strike Prices from the August, September and Oct expiration months. This is one of the older private equity buyout names from backwards during the buyout bubble of 2005 to 2007 but that was exclusive if the stock went low enough. We have been looking for other data, but there has been whatever retiree action to prevent benefits being revilement to pensioned employees. -JON OGG
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