Hey SMG,
I am seeing HUGE volume on NOK calls for JUL 11 CALL ~ About 23,552 contracts bought. I wonder who is issuing them? That's a nice play IMO. 500% easy...
I think the underlying stock is ready for a reversal. The gap on MAR 8 PUT to MAR 9 PUT is .05 to a massive .55 per contract!
That was a nice play for me!
I am hoping to catch the call rally JUL 11 for another 2000%
return. You see the puts for MAR 11 are at $2.50 per contract now? Sa-weeeet!!!
$0.05 poc to $2.50 poc~ That's how it's done!!! Are you saying NOK is in WSJ?
wbj
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