An investor sold 15,504 $13 call options with Jan 18 to Dec 21 expiration at 12:30 PM today.
So what. THIS STOCK SUCKS THE BIG KAHUNA!!! Remember you heard it here first. BAWAHAHHAHAHHAHAHHHAHA
Thanks, see you next time u decide to buy, stay in touch!
Put/Call ratio falls to .1262. Generally, any ratio below 1.0 is considered bullish.t ,
Buying 15,504 call options equals 1.55 million shares of MBIA stock, except in this case the buyer paid $4 per option contract or 4 cents per share.
33K now in Dec 21 $13 Call.
Is a bullish position IMHO. a calendar spread.