KeeneOnMarket
Long

Trader Buys Calls as CPN Rips Higher

NYSE:CPN   CALPINE CORP
124 0 0
Calpine             Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. Today a trader bought over 2,500 CPN             May 22 Calls for $.60 debit. This trader has the right, but not obligation to buy 250,000 shares at $22 between now and expiration. I got into this trade a little too late, but I think CPN             can move higher as the options activity that we saw was 30 times the usual volume it trades in a day. I think that CPN             can trade north of $23, so I bought the CPN             May 22 Calls for $.80 debit. Lets break down this trade.

The Trade: I bought the CPN             May 22 Calls for $.80
Risk: $80 per 1 lot
Targets: $.95, $1.10, and $1.25

Greeks of this Trade:
Delta: Long
Gamma: Long
Theta: Short
Long: Vega            
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out