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Huge Blocks of Calls Trade on EMC

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)

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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