An article in the Wall Street Journal noted that, Options traders appeared to be taking a bullish
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An article in the Wall Street Journal noted that, “Options traders appeared to be taking a bullish approach to Target” because during the previous day they purchased 68,000 calls on the company’s stock, but only 27,000 puts. What does a “bullish approach” mean? Why do the data on options purchases indicate that traders were taking a bullish approach?
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A bullish approach in the context of options trading means that traders are optimistic about the future price movement of the underlying stock and exp...View the full answer
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Related Book For 
Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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