Shares of TAL Education (NYSE:TAL) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $6.95.
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Midway through trading Friday, the Dow traded up 0.64% to 35,045.54 while the NASDAQ rose 0.76% to 14,796.74. The S&P also rose, gaining 0.83% to 4,403.64.