DJ Option play

Discussion in 'Options' started by romanvm, May 1, 2007.

  1. romanvm


    What kind of option play would you do on the DJ news?
  2. too late....

    do a long coversion to take advantage of a 2 part or otherwise deal....
  3. romanvm


    so if i would load up on $1000 worth of JUNE 07 (45) calls @ $.10 right before the news came out and sold it @ current price of $12 that would net me a profit of $119,000? What kind of problem would i have unloading 100 calls at that price?
  4. i smell insider trading on the apr calls.
    unusual active call buying yesterday.