AI
Thursday, June 22, 2017 1:48:24 PM
BBRY is seeing heavy call buying in the July contracts. The July 11 calls are the most traded with a volume of 6984. Going further out in time, the Jan18 10 calls are doing well with a volume of 2325. Call volume is far outpacing put volume across all strikes and timeframes.
I suspect that those calls are a bit pricey right now so will need a nice short squeeze to profit. A down or flat open on Friday would likely crush call prices, but a short squeeze is a definite possibility. Short squeeze = Vegas.
https://finance.yahoo.com/news/born-again-blackberry-canadian-icon-163503004.html
https://www.thestreet.com/story/14187685/1/blackberry-shorts-watch-out-it-could-rip-big-after-it-reports.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
I suspect that those calls are a bit pricey right now so will need a nice short squeeze to profit. A down or flat open on Friday would likely crush call prices, but a short squeeze is a definite possibility. Short squeeze = Vegas.
https://finance.yahoo.com/news/born-again-blackberry-canadian-icon-163503004.html
https://www.thestreet.com/story/14187685/1/blackberry-shorts-watch-out-it-could-rip-big-after-it-reports.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
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