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Re: Tuff-Stuff post# 453668

Thursday, 03/29/2012 2:48:48 PM

Thursday, March 29, 2012 2:48:48 PM

Post# of 648882
VVUS POP and options trade description hitting>>>>>>>>>>>>>>>>>>>>>>>>>>>



Yzoo post
The options player responsible for the single largest trade in the name today appears to have purchased 3,250 calls at the April $27 and $35 strikes, and sold 6,500 calls at the April $31 strike, all for a net premium of $0.55 per contract. Profits on the call 'fly kick in if shares in VVUS rally at least 37.3% to surpass the breakeven share price of $27.55, while the maximum potential payoff of $3.45 per contract is available to the trader as long as the stock jumps 54.5% to settle at $31.00 at expiration next month.

Concentrate, and ASK the 8-Ball!

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