Learn the trade here. Make it on tradeMONSTER

Options Trading News

April 10, 2013  Wed 9:45 AM CT

KKR: SEE CHART GET CHAIN FIND STRATEGIES
One trader apparently believes that private-equity firm KKR will hold current levels.

optionMONSTER systems show that the May 19 puts dominate the action, as a trader sold a block of 4,567 for the bid price of $0.45 on a relatively wide bid/ask spread. The previous open interest had been just 336 contracts, so this is a new position.  

The put seller is looking for KKR to stay above the $19 strike price through expiration in mid-May. He or she will face the obligation to buy shares at that level if they fall below it. (See our Education section)

KKR is flat on the day at $19.60. It posted an intraday high of $20 on March 14 and a closing high of $19.63 the previous day, but shares were below $19 last week. 
Share this article with your friends


Premium Services

Education & Strategy

Repairing losers with ratio spreads

Last week we mentioned the "stock repair strategy." This week is a good time to follow up, given the action...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER