The CCIO's are gaining plenty of interest today...
Someone keeps scooping them up!
I noticed the 5m sell at 1.7 in the shares was followed up shortly thereafter with a 5m buy in the options...I suspect a little of this sort of script swapping is going on today.
This is a very good sign, suggesting genuine trading activity...lock in profits and lock in exposure all at the same time.
Not the sort of thing you see at the end of a run!
I'm accumulating slowly on the options (3 grabs so far today)...and may grab a few more towards the close.
Not sure if it's just a trade at the moment...or whether it may be a bit more, as such, UI am treading lightly.
I must say however, technically, it is looking very bottomish in the heads in my opinion.
Cheers!
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