02-19-2014, 11:13 AM
'johnwgrant' pid='37616' datel Wrote:A see a trade today of 1000 calls (Feb 22 at $65 strike) AND a 1000 puts (Feb 22 at $65 strike). OK - what are they up to... I can't tell the price they paid for the 1000 calls - but the puts appear to be at $12.75 indicating they were bought before the sharp price spike. I just looked at the March 22nd options... We have "matched" trades for about 500 options at BOTH the $65 strike and the $70 strike - puts and calls, similar quantity, same strike... Thoughts anyone ???
The only think I can guess is that the calls were some "mad play money" 10k$ for the calls after getting 1.27 million for the puts?