Trader sells 5K of the Jan 2016 25 puts and buys an equal amount of the 35/50 calls to create a spread. wow!
Trader sells 5K Jan 2016 $25 puts and then purchases a call spread, 5K $35 calls/$50 calls.
Not understanding this drop from almost 36 to now under 32 again.
Lots of upside call buying lately in Feb.
Long HTZ. Looking for 30-35.
I still believe that we will see a takeover later this year. Industry is ripe for consolidation.
Like the risk/reward here.
Thinking that these will move higher. Like the risk/reward.
Analysts are on the wrong side of this. Going higher.