11,000 Mar 22 calls bought against open int of 1500 contracts. (These traded at the ask, so these traded because somebody came in and bought these options on 1.1 million shares)No corresponding other option or stock activity that I can find.The chart also sets up here technically as positive as it has been since late August, when it ripped from 18 to 21, and eventually over 23.I took a fling on some contracts at 35 cents, trying to follow some big and hopefully smart money.
Some of it could be Big Money Options following the money with a recommendation. They did a Call, I did a Combo.
When I replied, I didn't notice that the other post was in February.
like it. lets rock!! looking for a great qtr, and stock to jump 5 to 7% tomoroow!!!
Good call!11.000 OTM calls for same month expiration - that can't be based on stupidity alone.Let's see ... build a medium position today and keep on buying tomorrow.