Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates through four segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. Today a trader bought 10,000 APD
Jan 2015 Calls for $4.10. Let breakdown this trade. This is a $4.1 Million Bet that APD
can trade up to $135 by the End of 2015 with a Breakeven of $139.10. Anytime I see an order this large, I need to allocate some of my capital to this trade, so I just followed the trade into the same position.
The Trade: I bought the APD
Jan 2015 135 Calls for $4.10
Risk: $410 per 1 lot
Breakeven on Expiration: $139.10
Greeks of this Trade: