UPDATE: RC just brought to my attention the higher than usual call volume in AKS today (thank you). Looks to be due to rumors of a merger. I'm not a huge fan of trying to interpret option volume as I often find it misleading; however, I'm also not a fan of taking on unecessary risk. There's too many other setups out there without having this monkey wrench thrown into the mix. Please feel free to ignore this inadequately researched setup.
AKS
Monday, December 15, 2008
AKS - more overhead resistance
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2 comments:
unusual call activity in this name today
Good call - thanks.
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