7550 contracts on the Aug 16.00 calls traded today. Pre announcement action no doubt. 5k of those came in the last hour or so
Only 573 contracts open prior to todays action.
What could this mean?
Hard to think someone would buy that much on a hunch.
Someone really hammered the AUG puts today too.
Sounds like some big money in Straddles in front of Earnings.
Those were not Aug 16.00 Calls that your referring to. Those were Aug 12.00 Calls. Just setting the record straight here.
My bad...just typing to dang fast...
That's a big difference. Just goes to show you can't believe everything posted on the interwebs...
Sentiment: Strong Buy
Good sign. Excited for next week. Patience is hard sometimes!