Replies to post #813 on Alcatel-Lucent ADS fka ALU

[mpeppy]

More than 9,800 August 6 calls traded in a strong buying pattern yesterday, mostly for $0.25 to $0.30, according to OptionMonster's real-time tracking systems. The volume dwarfed the daily average of just 31 calls at that strike and was more than 11 times the previous open interest of 872 contracts, so it was clearly done to open new positions

The underlying being bought to ensure the calls?

http://www.cnbc.com/id/43569765?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo