anybody else notice the option activity the past few days? Accumulation of the $1 Oct. monthly call options which expire on the 19th.
1,000 call options were bought yesterday at .05. Basically a $6,000 wager that MSTX will move big in less than 2 weeks.
they will release the news when their buddies are finished accumulating. that is how it works. Look for aggressive call buying today at the Oct and Jan exp
keep in mind there is NO BID for these options. So why would somebody throw away $6k on that bet?
Because they know they will win.
the chart says the news is coming soon. we may see .62 today (gap fill)