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Large amount of calls traded on C today...


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#1 Bob-C

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Posted 31 January 2007 - 11:58 AM

Hi everyone, what do you think of the significance of the approximately 30K calls traded on C today at the 50 strike price for both February and March which was almost equal to the OI in both cases? Do you think C will sell off into next week? Cheers, :) Bob-C

Edited by Bob-C, 31 January 2007 - 12:04 PM.

Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 dasein

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Posted 31 January 2007 - 12:09 PM

looks like a pure arb play - price on front month overvalued probably because of the fed meeting volatility.
best,
klh

#3 Bob-C

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Posted 31 January 2007 - 12:37 PM

looks like a pure arb play - price on front month overvalued probably because of the fed meeting volatility.

Thank you dasein. :)

GLTU :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#4 Bob-C

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Posted 31 January 2007 - 12:52 PM

Hi everyone, here is the C daily TL chart:

http://chart.nu/char...6&filter=13.png

IMHO, C is about to break down from a large triangle formation. OCICBW. :)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#5 bliss just missed

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Posted 31 January 2007 - 02:06 PM

Hi everyone, here is the C daily TL chart:

http://chart.nu/char...6&filter=13.png

IMHO, C is about to break down from a large triangle formation. OCICBW. :)

Cheers, :)

Bob-C


appears to be a dividend play for tomorrow - trade is rolling into march calls

#6 Bob-C

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Posted 31 January 2007 - 02:28 PM

Hi everyone, here is the C daily TL chart:

http://chart.nu/char...6&filter=13.png

IMHO, C is about to break down from a large triangle formation. OCICBW. :)

Cheers, :)

Bob-C


appears to be a dividend play for tomorrow - trade is rolling into march calls



Hi bliss just missed, thanks for the information. :)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.