Replies to post #2470 on Cleveland Cliffs Inc (CLF)

[greasemonkeyshoes]

Waiting for the next green light .........
When 62% IO China hit $85.00,clf 4/24/17 $13 call would be the next purchase(or bet).
12/15/16? trade,when IO was under $80.0:
"CLF: 12,200 April 13 calls were purchased for $0.72 to $0.82 against open interest of 556 contracts."
http://finance.yahoo.com/news/traders-betting-rebound-steel-141443396.html
today's trade,when IO is around $83.0:
calf $13.0c is traded at 14-15 cent per contract.woooooowwwwwwww.
ps-this applies to chprf too.$$$$$$$$$.

[Rivers 1]

I took a position in Champion today. Are you still bullish? Good price for Bloom Lake!