Saturday, August 25, 2012

Unusual spike in call options on Dow Chemical

It looks like one or more traders are purchasing upside calls on the Dow Chemical Co, positioning for the price of the underlying stock to rise during the next seven months. On Friday DOW closed up 0.33% to stand at $29.89.

It looks like most of the call options were purchased within the first 10 minutes of the trading session Friday.

Read more at The Options Insider

Forbes: Dow Moves Up In Market Cap Rank, Passing Starbucks

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