Barrick Gold (ABX) is down 10 cents to $38.86 and an investor sells the April 35 – 50 strangle and buys April 40 calls, 2500X. Looks like 10000 now traded and this strategist might be looking for a move towards $50, but not beyond, by the April expiration.
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Barrick Gold Corporation (ABX) $38.78 -0.46%
Posted on December 22nd, 2009 11:55 am
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