IMAX Option Bulls Bet on a Post-Earnings Bounce
Posted on October 15, 2012 at 11:04 AM EDT
Call players showed an overwhelming interest in IMAX Corporation (USA) (NYSE:IMAX - 21.86) on Friday, as approximately 12,000 of these options changed hands ? nearly 15 times the equity's average daily volume, and more than 20 times the number of puts traded.Speculators initiated new positions at the out-of-the-money December 24 strike, which saw open interest increase by more than 10,000 contracts over the weekend...( Read More )