Man, maybe Ichan is the one selling these fing calls.
7500 calls and 7500 puts for Dec 11.
theoptionsinsider has a note on this "Straddle Sold on Take-Two Interactive Software".
Sentiment: Strong Buy
What I don't get is how EA is up 4% after releasing trash and we release BL2 which beats like crazy and get popped back down. Stock market is a funny game.
Yeah I just noticed the put trade. So I guess its a buy and sell. Sold the puts to buy the calls. Only risk is to the low side with GTA on the horizon a recoverable loss?