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Re: Porgie Tirebiter post# 1457

Friday, 06/06/2014 9:40:40 AM

Friday, June 06, 2014 9:40:40 AM

Post# of 13692
Heavy options action yesterday at $7 for June 21st.

The open interest on calls is double that on the puts. The puts value at $6.71 before this mornings open or 9¢ from the mark, while calls were valued at $7.08 or 28¢ from the mark of $6.80.

Heavily skewed to the upside. Someone is making a big bet that SD will trade at or very close to $7 by June 21st.

PT's listening on 123.0

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