by Houghton and Atkeson 09/03/08
Option trading activity in Timberland (TBL) has surpassed 20 times its usual volume. Market participants are putting on their boots by buying the TBL Sept 20 Calls (TBLID) 3,000 times.
The calls first traded at 10 cents and have traded up 35 cents and are currently offered at 55 cents ... wow, talk about a move!
Rumors are circulating that Nike (NKE) might be interested in taking them out. The stock has moved $2 and looks great on the charts.
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Dawn Pennington
Read This Before You Buy Another Stock
A savvy stock position can start with a single options trade.
This technique can help you breathe a sigh of relief as it aims to relieve a 'choking' portfolio.
If you are familiar with buying calls and puts, we'll show you how to buy them even cheaper.
Anatomy of a Stock Option Ticker
Option tickers may look like a bowl of alphabet soup to you, but each letter means something.
You don't have to short stock to put a bearish bet on the table -- but the path to profits comes with different levels of risk.
