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Huge Blocks of Calls Trade on EMC
Shares of EMC are trading lower on the session by 1.45%, at $26.50. The stock has been basing above the 50-day and 200-day moving averages over the past few weeks and appears ready to break out to the upside.
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Unusual Activity
iShares MSCI Japan (EWJ) – Vol Seller in Japan Is a Bet on Global Economy
The ETF traded over 20,000 options on total daily average option volume of just 5,466. The largest trade, accounting for 20,000 contracts was a Jan'11 9/10 strangle sale @ $0.56.
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SQ Bullish Call Action
Paper bought 8243 SQ June 13 calls & sold 8243 SQ June 15 calls, net paying .15.
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