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Two weeks ago, a options traders were bullish in a slot-machine maker. Yesterday, a similar transaction lit up a race-track and casino operator. Traders bought 6,000 June 31 calls in Penn National Gaming (PENN) for $1.25 in the middle of the afternoon. A block of...
If you've ever wondered about bulls chasing a Fox, look no further than the activity yesterday's options market. And no, we're not talking about a rerun of Downton Abbey. We're talking about the big spike of options activity in media conglomerate Twenty-First Century...