Shares of EMC are trading lower on the session by 1.45%, at $26.50. The stock has been basing above the 50-day and 200-day moving averages over the past few weeks and appears ready to break out to the upside.

Strangle Purchased on Financials (XLF)

by The Options Insider | Aug 30, 2012 | Unusual Activity

Shares of the Financial Select Sector SPDR Fund (XLF) are trading lower on the session by 0.89%, at $14.99. The ETF has remained range-bound over the past three months, finding support near $14.00 and resistance around $15.40.

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