NYSE:EMR EMERSON ELEC CO
On Dec 23, 1 investor bought 24k (thats 2.5 million dollars), feb 50 , calls, this has gone down about .40 since, not to be taken lightly. This is very, very unusual for EMR call, This might be a strong sign of something coming, of news coming on Feb 2, when EMR reports earnings. Nothing was bought to cover this bet. on Jan 6 another 24,332 feb 50's calls were traded and 24,222 feb 48 calls were bought. That adds up to big money 3.8 million naked calls TODAY. Lots of big bets on this one. EMR is rumored to announce a spin off unleashing a tremendous amount of earnings. Issue will go to at least 50 someone is betting it will go to 55.