04-18-2013, 01:42 AM
'Optionray' pid='20961' datel Wrote:'CesiumFormate' pid='20959' datel Wrote:Look at the put volume on the 90's as well. Pretty much the same.Thanks, can't believe I missed that.
It's double that position for May. Since I have a bullish bias, I would guess that this is a big short that believes the stock will trade over $90 either this week or over the next four weeks. Buying the $90 calls and selling the $90 puts in those volumes could be potentially extremely profitable and would likely offset a large number of short shares.


