On top of the $200m+ for this year
Early last Friday morning, a large trade went through: long April 13.00 calls and short April 9.00 putsIt would not surprise me if JEF was the party who had done this trade since it was essentially a push. This is a good strategy since you are financing the calls by selling the puts.
and that's only what they already told us they did a few weeks ago. Look at the bond volume the last 2 weeks, they kept doing it.Talk about boosting your EPS before 12/1 (end of their fiscal quarter). Dec 19th will be very very interesting.