Some big did an option trade about 10 days ago betting IOC would be around $75 today . Collared the stock with an option combination. Could easily have been a long thinking the news was after option expiration so they wanted some change while waiting. The Wells Mutual manager trades options. One never knows for sure
I think today it changes and we hold above and that will be on a bad overall market day. If you've noticed the shorts are alot less boisterous than usual. The jvoa has pretty much silenced them. Now they're only able to comment on weather and natural disasters.
Sentiment: Strong Buy