Options Player Harvests Premium, Sells Ralph Lauren Calls

The strategist responsible for nearly all of the options volume on Ralph Lauren today appears to be taking the view that the price of the underlying shares are unlikely to soar above $155.00 within the next five weeks to October expiration. More than 9,900 call options changed hands at the October $155 strike against paltry previously existing open interest of just 372 contracts.

Source: http://www.forbes.com/sites/greatspeculations/2011/09/14/options-player-harvests-premium-sells-ralph-lauren-calls/

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