Thursday's Options Outlook: DRYS, SNY, YHOO, HNZ, SLE, ALL, SINA, DGL, TIN, CSCO, RIMM [View article]
On the HNZ comments 14,000 December 50 puts were "bought/sold" equivilent to 1.4MM shares. Could it be the puts were naked and the seller believes that the stock will exceed $50 in december, and will pocket a cool $5.6MM??
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On the HNZ comments 14,000 December 50 puts were "bought/sold" equivilent to 1.4MM shares.
May 15 22:08 pm
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All Comments by Gerkman »Thursday's Options Outlook: DRYS, SNY, YHOO, HNZ, SLE, ALL, SINA, DGL, TIN, CSCO, RIMM [View article]
Could it be the puts were naked and the seller believes that the stock will exceed $50 in december, and will pocket a cool $5.6MM??