Cardinal Health up 5% today, near 31.28 and option volume 3x normal with a block of 5000 Mar 35 calls bought by cust for 9 cents with shares near 30.55. Likely closes short part of the 30-35 cspd that was bought in Nov for 2.77.
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Cardinal Health Inc (CAH) $31.30 +5.35%
Posted on March 10th, 2009 12:40 pm
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1 user commented on " Cardinal Health Inc (CAH) $31.30 +5.35% "
Follow-up comment rss or Leave a TrackbackIf the long call was unwound at the right time
and the short call left to wither on the vine -
a nice profit and I can only say fine.
If not, just a disappointment –
but not mine.
And don’t anyone tell me options are devoid of poetic subtleties…