Someone bought far out of the money calls,they are very cheep. Those options don't need to hit the strick price to make money. They go up in value when the price rises.
How far out? A year or ten years. I think the price will bounce upwards within the next year, but once it hits it's high I think it will flatline for a while.
Someone bought far out of the money calls,they are very cheep. Those options don't need to hit the strick price to make money. They go up in value when the price rises.
How far out? A year or ten years. I think the price will bounce upwards within the next year, but once it hits it's high I think it will flatline for a while.
They bought calls for December. The more time you buy the more they cost.