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

|About: Southwestern Energy Co. (SWN)|By:, SA News Editor

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.