Apple is on a tear today up 100 pts since reporting earnings. Apple Feb 485 Calls today are up an incredible 3000%. Apple is responsible for 90% of intraday Nasdaq gain. Zynga is down 12% on earnings. We saw people buying FEB 18 $12 Puts at $.30. We have seen call buyers in names like Cake, LIZ, and TER but nothing that perks interest.
By: Greg Zimny