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Rockwell Automation Lures Bullish Bet
OptionMonster co-founder Pete Najarian provides options picks Monday, Wednesday and Friday in TheStreet.com's Deep in the Money Calls newsletter.
David Russell, reporter for OptionMonster.
NEW YORK (TheStreet) -- One trader is positioning for a move higher ahead of Rockwell Automation's(ROK Quote) earnings report Monday.
OptionMonster's tracking systems detected heavy buying of the November 45 calls and selling of the November 40 puts. The strategy, broken into several pieces, apparently included buying the calls for about 82 cents and selling the puts for 54 cents. It was executed on about 2,600 contracts. ...
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