Shares of Kate Spade (KATE) made a mid-day headline grabbing move as news came out saying the company was considering putting itself up for sale. A couple of things happened before the news that have people talking. The first was in the option market where a few minutes before the stock rallied there were a few very well timed call option purchases. The time and sales below highlights some of the bigger trades from today.
Data Source: LiveVol Pro
The buy of just under 2,000 KATE[...]