Frost keeps up recent trend of purchases in Opko Health

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Frost keeps up recent trend of purchases in Opko Health

Bobby Raines 11/19/2013

Phillip Frost, the chairman and CEO of Opko Health ( OPK ) has continued his purchases of the company's stock in November. Since the first of the month, Frost has purchased 209,600 shares, paying a total of $2,115,383.

IK-> The technicals for OPK ($9.52 down $0.08) are bullish with a downward trend. Recent support has been around $9.40 and recent resistance has been around $10.30. Standard & Poor's does not follow the stock. Look at the Jan. 6/8 bull-put spread for a 20-cent credit. That's an 11.11% return and the stock has to rise 16.0% 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 The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: OPK

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