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The investor responsible for the transaction greatly reduced the cost of positioning for limited bearish movement in the price of XRT shares through expiration.
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Wednesday, ADM options appeared to be popular with at least one strategist positioning for further upside movement in the price of the underlying shares through the end of 2011.
FORBES: E*Trade Options Draw A Crowd As Shares Pop
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At the same time, the wily leader of Nahdlatul Ulama, the 30-million-strong Muslim mass movement, was constantly positioning and repositioning himself in the byzantine world of Indonesian politics.
CNN: Maneuvering to the Top amid Chaos
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Now it is powering growth by being a pioneer in positioning its brand and services, with movement marketing.
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It looks like the trader is positioning for significant, albeit limited, downside movement in the price of the underlying by employing a ratio put spread.
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