KeeneOnMarket
Long

Trader Nets $250,000 in Gains Overnight in FURX

128 1 0
Furiex Pharmaceuticals, Inc. operates as a drug development company that is involved in compound development and collaboration activities primarily in the United States. Every single day I watch Unusual Options Activity and talk to my subscribers about the trades at http://www.keeneonthemarket.com I watch over 1,500 trades daily and yesterday I saw a trade that was so unusual that I thought it was worth             mentioning. A trader bought 2,000 FURX June 105 Calls for $3.90. Lets breakdown their trade:

Institutional Order: Trader bought 2,000 FURX June 105 Calls for $3.90
Cash Outlay: $780,000
Potential Profit: Unlimited

Overnight the Stock gapped higher and these Calls have moved in value from $3.90 to $5.30, so lets breakdown their profits:

2,000 * 1.4 * 100= $280,000 Profits
Crystal ball or insider trading?
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out