MF Global (NYSE: MF) opened at $3.31. Over the last 52 weeks the stock has ranged from a low of $3.48 to a high of $9.28. The stock dove after the company reported a loss for its second quarter. Option players also flocked to the stock and volume was 24.63 times normal with 22,879 contracts changing hands. More than 71% of Tuesday's volume was in puts. Technical indicators for the stock are and S&P does not currently have a STARS rating for MF. If you are looking for a hedged play on MF the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 3 range