bullrun
27 posts
msg #86203
- Ignore bullrun |
1/14/2010 12:05:09 AM
This could be nothing, but maybe still keep an eye out on it. Massive call buying the past couple of days. INTC is reporting after hours tomorrow so this may be the reason. It's been consolidating the past few days so maybe getting ready for the next leg up?
Feb 25c open interest dwarfs the puts about 5.5 to 1 (10,946 to 1,982). Usually the big boys and girls are right with their option calls when it comes to these behemoth stocks.
The option price is only .64 and the price only need to move 4% for the option price to double. I guess the next 2-3 days will tell if the call buyers are correct in their prediction.
I'm very tempted, but also very chicken at the same time...pock, pock, pock...lol.
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