03-26-2013, 04:40 AM
'Gator' pid='19503' datel Wrote:Check out the volume in the April deep in the money calls. 8000 contracts trades today from the $40 to the $57.5 strike prices. That is 800,000 shares that someone wanted to buy quickly.
Interesting. And some action in the Junes also. Looks like some positioning going on and with the pop in pps maybe some leaks starting to spring. PRE announcement helps with the additional injection of $55 million and implication that Tri is very promising in their eyes. Things coming together and anticipation is causing some to start getting ready for more news.
Pressure is building in the stack at Napa Napa; conclave just had pizza delivered for next session.