Seeking Alpha

Southwestern Energy (SWN +6.6%) surges after an investor bets shares will rally over the next 18...

Southwestern Energy (SWN +6.6%) surges after an investor bets shares will rally over the next 18 months, purchasing 3K Jan. 2014 calls for $3.75 and selling an equal number of Jan. puts for $3.20. There was barely any open interest at either strike before the trade appeared. Shares had been sitting at their lowest levels in more than three years.
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