EMC to Spin Off Its VMware Stake? Aggressive Call Buyers Certainly Think So
Yes, it looks like option traders are betting on a jump in EMC shares during the next two weeks. Aggressive call-buyers traded over 113,000 of the $15-stirke calls, three times the open interest, pushing the contract up 72 cents or up 380%.
The contracts closed at 89 cents, meaning the EMC shares would need to surpass [...]
