Lions Gate Entertainment Corp (LGF.B)

[llessurK]

These were bought last Thursday. LGF share price dipped to $34.14 low early in the day but didn't break $35 until just before the close.

Could have been a number of reasons behind that trade. They are good until December 20th so they haven't "lost" yet and, if they were only looking for a quick profit solely based on the Hunger Games opening, they could have just got the November 22nd calls.

Didn't look at the price on the $37 December calls at time time as I was playing the $35's

The November 22 $35 puts were dirt cheap with not a whole lot of volume. I grabbed a small amount of them for some downside protection which ended up saving my ass the next day. Those closed over 500% last Friday (wish I had got more).