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9/21/2012 08:56
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FTR
- Buyer just paid 17.5cents for 10000 upside Nov 5 calls on Frontier Communications on the Amex, as shares traded near 4.83. This block is more than 10x the avg daily call volume in the name. Will open the largest near-term position in the stock and the buyer may be looking for a lift into or after earnings, expected in early Nov. (Henry Schwartz (Trade-Alert)) [$4.84 +0.05, IV=30.4% -2.2]
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