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Saturday, September 22, 2012 4:06:12 PM
$DXCM Trader looks for Dexcom to continue run
This morning a trader purchased 2,500 October 15x calls at .65. This is a total investment of $162,500.
Because these are October options it looks like this trader is expecting DXCM to continue its run quickly over the next few weeks.
DXCM is currently trading at $14.90. Key levels to watch for a continued rally are $15.75 from July ’11 and $16.80 from April ’11.
http://www.optionrunners.com/trade-ideas/
This morning a trader purchased 2,500 October 15x calls at .65. This is a total investment of $162,500.
Because these are October options it looks like this trader is expecting DXCM to continue its run quickly over the next few weeks.
DXCM is currently trading at $14.90. Key levels to watch for a continued rally are $15.75 from July ’11 and $16.80 from April ’11.
http://www.optionrunners.com/trade-ideas/
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