Activision Seeing Unusually High Option Volume
Activision (Nasdaq: ATVI) has traded some tremendous size options this am, particularly in the February strikes. It appears some sort of call/put combo has been made with some out of the money strikes, the 13 and 15 calls were hammered early and then some February 10 calls were played, but these were sold (bullish). The buyer seems to be looking for the stock to trade up to the 15 area with little cost in the trade (a few pennies).
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