Replies to post #26276 on Traders Cooperative

[cdseller]

Joe Are they buying or writing those calls? If somebody knew a big pop was coming the 70 calls would give more leverage. If on the other hand, someone wanted to exit a large position and lock in a little premium to boot, writing the 65s would pretty much guarantee the 23.9 million shares would be called away. We should all have such problems ggg

John

ps Ive had a few cheap 75 calls for a few weeks expiring friday so I hope someone buys COP tomorrow gg

[See Shasta]

COP goes ex-div tomorrow, but that doesn't explain the calls to me.