PKT January 15x calls being sold. Looking to stay below $15 by expiration to collect premium.
.. stocktwits 49 minutes ago .
This seller may be willing to sell stock to keep PKT below 15 giving a buyer an opportunity to buy a few hundred thousand shares at the 15 level.
With the shorts helping to lower PKT's price.
True bronk I agree , January 2014 PKT Calls strike price - 15.00 0.35 0.45 volu - 4,175 @ 0.40
Also someone may have bought them as a hedge on their shorts.
could have been a hedge but looking back I'd love to know who sold all these calls....Jan. 18 expiration, well before earnings released and before insider sales announced....