Tafelzilver schreef op 8 oktober 2014 20:44:
Beste forumleden,
De aap is uit de mouw! Koers Arcelor weer snel naar recente top?
Ongelofelijk dat dit kan.....
How one bull is playing ArcelorMittal
ArcelorMittal is trading at its lowest level in more than a year, but a large call spread is betting that the steel producer will return to recent highs.
optionMONSTER systems show that a trader bought 15,900 November 13 calls for the ask price of $0.57 and sold 15,900 November 15 calls for the bid price of $0.06. The previous open interest at both strikes was below 1,000 contracts, so this is new positioning.
This bullish vertical spread cost $0.51 to open, which is the maximum amount at risk. The maximum potential gain is $1.49, which would be realized with the stock above $15 at expiration in mid-November. (See our Education section)
MT fell 1.01 percent to $12.80 yesterday, its lowest close since August 2013. Shares the Luxembourg-based company were above $15 three weeks ago.
The total option volume in MT was 34,812 yesterday, 4 times its daily average for the last month.
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Link:
finance.yahoo.com/news/one-bull-playi...