In the afterhours session the stock popped to $14.55. Lets say the stock settles here, then the trader that bought those Call Spread would profit $720,000, not a bad return for 2 weeks This is way I trade options, because I can get a double or a triple on my money with a small movement in the underlying stock. I am working to build an Unusual Options Activity Scanner for the retail audience that will filter out 90% of the noise and show the best 20-50 trades in real-time with real-money so stay tuned.
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Andrew Keene
President/Founder
Andrew@KeeneOnTheMarket.com