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Bulls see bright picture for IMAX
November 4, 2009 Wed 6:07 AM CT

IMAX popped nearly 5 percent yesterday while drawing upside options activity ahead of its earnings report tomorrow morning.

IMAX ChartTraders were focused on the March 12.50 strike, where 3,778 calls traded at more than twice the open interest of 1,700 contracts. optionMONSTER's real-time tracking system showed that most of the calls were bought for $0.70 to $0.80 in a strong buying pattern within...


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