Air Products director buys 15,000 shares


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Air Products director buys 15,000 shares

Bobby Raines 11/01/2013

Seifi Ghasemi, who sits on the board of directors at Air Products and Chemicals ( APD ) , bought 15,000 shares of the company's common stock on Oct. 30. At $108.07 per share, Ghasemi paid a total of $1,621,332.

IK-> The technicals for APD ($108.22 down $0.79) are bullish with a neutral trend. Recent support has been around $106.54 and recent resistance has been around $111.84. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the Jan. 90/95 bull-put spread for a 35-cent credit. That's a 7.53% return and the stock has to fall 12.2% to cause a problem.  [InvestorsKeyhole, Various news and data services]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Options

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