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Re: ChrisJP post# 288

Wednesday, 07/02/2014 9:19:58 AM

Wednesday, July 02, 2014 9:19:58 AM

Post# of 306
well I did what the option player did and bought the Sept 34 calls for

$3.18 yesterday, i wanted to buy more this morning but looks like I will

be paying a little more premium for them, I still feel RAX goes over $42, so the investor that instituted that position is comfortable with a $42 sell,
am also, lets see what today brings.....good luck

optionMONSTER's Heat Seeker monitoring program detected the purchase of 3,400 September 34 calls for $3.40 and the sale of an equal number of September 42 calls for $0.80. Volume surpassed open interest at both strikes, which indicates new positions were initiated.

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