Hey Dan,
Great info Looks like in addition to the large volume, there is equally a very large open interest on the 70 strike call. I’m assuming that the same trader was either building a series of positions (same month) or it’s part of a 5 $ spread.
It would be worth it to discover if long or short.
Either way, its a huge trade. Interesting position since DT has been in a down trend.
3 Responses
Thanks for a valuable hint.
Hey Dan,
Great info Looks like in addition to the large volume, there is equally a very large open interest on the 70 strike call. I’m assuming that the same trader was either building a series of positions (same month) or it’s part of a 5 $ spread.
It would be worth it to discover if long or short.
Either way, its a huge trade. Interesting position since DT has been in a down trend.
Hope to follow the leaders to make money in the market!