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The past few days there has been lots of OI in September 12 195 calls ~.70. Heavy volume for past two or three days. Part of the reason Andrew Keene who puts out Option Hacker which identifies unusual option activity was promoting that about three days ago someone came in and made a big bet on these particular options. I have never traded based off of this information but I thought some of you might be interested in watching it. The only thing that i can see as a catalyst for for IBM is its new association with AAPL and someone thinks it may follow it into new product launch.

 

Bret

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