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+--- Thread: Jan 14 calls (/showthread.php?tid=5218)
Jan 14 calls - sageo - 11-16-2013
Hi folks- Look at the Jan 14 110 and the 145 calls !!
RE: Jan 14 calls - kkozkkoz - 11-16-2013
I say that this morning about 10:00, it looks like someone likes the bullish call spread all the way to 145. I like it.
RE: Jan 14 calls - katytrader - 11-16-2013
(11-16-2013, 04:51 AM)kkozkkoz Wrote:I say that this morning about 10:00, it looks like someone likes the bullish call spread all the way to 145. I like it.
The numbers make it fun. It was a spread in which 4168 calls at $110 were bought at $3.45 and a like number of the 145s were sold for $0.60. So cost nets to $2.85 and if you do the arithmetic (without brokerage) it is a bet of $1,187,880 that IOC clears $110 in two months. Happy New Year!!
RE: Jan 14 calls - sageo - 11-16-2013
'katytrader' pid='31882' datel Wrote:
'kkozkkoz' pid='31880' datel Wrote:I say that this morning about 10:00, it looks like someone likes the bullish call spread all the way to 145. I like it.
The numbers make it fun. It was a spread in which 4168 calls at $110 were bought at $3.45 and a like number of the 145s were sold for $0.60. So cost nets to $2.85 and if you do the arithmetic (without brokerage) it is a bet of $1,187,880 that IOC clears $110 in two months. Happy New Year!!
Thanks guys for your additional information . Happy New Year to you,too !!