This is my first newbie question. Any guidance would be appreciated.
If I looked at unusual option activity and I saw the following....
Someone bought 7000 calls at strike price of 38.00 and the present price is 30.00 and the expiry date is in a week....... does this mean they are expecting the stock to be bullish.... or does it mean they made a mistake buying those calls?
If I looked at unusual option activity and I saw the following....
Someone bought 7000 calls at strike price of 38.00 and the present price is 30.00 and the expiry date is in a week....... does this mean they are expecting the stock to be bullish.... or does it mean they made a mistake buying those calls?