Call-Buyers Look to Profit With Sprint:
By David Russell, reporter at OptionMonster
NEW YORK -- Someone apparently sees Sprint Nextel as the next comeback kid.
OptionMonster's tracking systems detected the purchase of 77,000 January 2014 3 calls for 65 cents and the sale of 77,000 January 2014 5 calls for 22 cents. Volume was more than 10 times open interest in each strike, and it was the largest transaction in the entire market Thursday.
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Click to view a price quote on S.
Click to research the Telecommunications industry.
By David Russell, reporter at OptionMonster
NEW YORK -- Someone apparently sees Sprint Nextel as the next comeback kid.
OptionMonster's tracking systems detected the purchase of 77,000 January 2014 3 calls for 65 cents and the sale of 77,000 January 2014 5 calls for 22 cents. Volume was more than 10 times open interest in each strike, and it was the largest transaction in the entire market Thursday.
...
Click to view a price quote on S.
Click to research the Telecommunications industry.
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