A burst of call buying just took place in options on Coach (COH, news, chart), ahead of tomorrow’s retailing conference webcast. Buyers used a sweep router to lift 2000 September 30 calls for 75 cents, making a total of 8000 of these calls (currently 97cents otm). Coach calls were also active last week, when a surge of volume hit the October 30 call options on August 28.
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Coach Inc (COH) $28.97 -0.31%
Posted on September 3rd, 2008 2:20 pm
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