The Option Block 1202: Where There Is Smoke There Is Fire
The Options Insider Radio Network
00:00
The Stock Replacement Trade
Mr. Flowmaster was talking about Liberty Global PLC Class A, another British telecom name. The stock has been vacillating in this 16 to 17 range for the better part of this month. This is a nice clear cut aggressive call buyer who bought 14,000 August 35 calls and paid $600,000 at 43 cents per strike.
Play episode from 38:47
Transcript
