concerning KMB,,, alot of the 2nd level 'back to basics' stocks have had alot of buying in a variety pack of calls across many months and strikes. i have been 'following the money when i see it'..
it appears someone may be trying to put together their own version of Berkshire Hathaway (BRK-A or BRK-B)
it is not impossible to think they could run or enter higher price ranges given their relatively medium size floats and and large revenues... after all IBM trades well above $100
i think what your radar picked up was the ever rare underpriced calls or someone who wrote the calls a long time ago wants them back.
Thursday Options Update: BRCD, WYN, CAR, TGT, CBST & KMB [View article]
it appears someone may be trying to put together their own version of Berkshire Hathaway (BRK-A or BRK-B)
it is not impossible to think they could run or enter higher price ranges given their relatively medium size floats and and large revenues... after all IBM trades well above $100
i think what your radar picked up was the ever rare underpriced calls or someone who wrote the calls a long time ago wants them back.