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Cliffs Natural Resources Inc. Message Board

  • southbuckeye southbuckeye May 3, 2013 10:00 AM Flag

    May 23 Puts May Tell The Tale

    As far as options go, there are by far more May 23 puts outstanding than any other option, put or call. Since the writers of all these May 23 puts do not wish to lose a boatload of money, it is in their interest to get the stock price of Cliffs up about three dollars before the options expiration. Todays good economic news is a good start.

    Sentiment: Buy

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