Monday, April 7, 2008

NWA Update

For those of you who remember (and if you don't, scroll down to the post about NWA - Northwest Airlines); there was a lot of option activity on the call side of things. I checked again today and there seems to be more option activity on the call side.

Today's Action:
~ 7,000 calls compared to ~700 puts for the month of April.

~31,000 calls compared to 441 puts for the month of May.

~1,000 calls compared to 37 puts for the month of September.

The bets continue!!!

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