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Bulls snapping up calls in Frontier Oil
September 14, 2009 Mon 12:27 AM CT

Shares of Frontier Oil have been range-bound for months, but options are looking for the stock to break higher by this fall.

FTO ChartAverage daily volume of FTO calls has been just 830 contracts in the last 20 sessions, but optionMONSTER's Heat Seeker system saw 15,575 change hands Friday. The biggest buying was at the October 15 strike, where 11,095 calls traded.

Almost all of the...


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