Do you remember the 150,000 march 17 options buy ?Do you remember the large option transaction I reported feb 16. .
It was a 150 000 march 17 options at 1,80$-1,90$ for a call at 62$. They are still in play.
They climb over 10$ in value but they are traded at 2,10 $ today at 13:oo.
The owner have to make a decision about them before friday, they will be cancel at 16:00 march 17.
A difficult decision: what will be the SP in the next 4 days; a 300 000$ decision.
Options are tricky things to trade.