Reply To: IAG a House of Cards?Back to Forum
Interestingly there’s a lot more calls on IAG than puts, indicating that the share will most likely rise.
Also in December, there are 500 (representing 500,000 shares) open contracts on the December 320 calls and 220 puts. I don’t know if they are long or short but they could have bought the calls and sold the puts to pay for them.
If what you say VK pans out, then they could be a good buy and maybe worth a small punt.
PS. This is not meant as investment advice, just commenting on the way it looks.