Wednesday, June 4, 2008

crm

there's some very interesting action in the crm june 80 calls.

with the stock basically unchanged at about 72, those calls are up a fat $0.40 to $1.00 bid on big volume of 5087 contracts versus an open interest of 1290. that to me is a buy signal.

disclosure: long crm 1-10 110 calls

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