axzhycmv52
08-04-2016,
since the gap down stock is in an overall down trend with a short term uptrend in place currently. Has a daily squeeze which looks like it is going to trigger long, which should push this past the $20.00 price target I have on it.
This one I traded on unusual option activity on the March '14 $20.00 calls.
On 11/14 Paper bought 9500 Mar '14 $20.00 calls ($1.24 million cash outlay)
On 11/15 Paper bought 5000 Mar '14 $20.00 calls ($750K cash outlay)
On 12/6 Paper bought 4900 Mar '14 $20.00 calls ($490K cash outlay)
I am currently long the March '14 $20.00 calls (100lot @ .90 av
This one I traded on unusual option activity on the March '14 $20.00 calls.
On 11/14 Paper bought 9500 Mar '14 $20.00 calls ($1.24 million cash outlay)
On 11/15 Paper bought 5000 Mar '14 $20.00 calls ($750K cash outlay)
On 12/6 Paper bought 4900 Mar '14 $20.00 calls ($490K cash outlay)
I am currently long the March '14 $20.00 calls (100lot @ .90 av