Tuesday, July 30, 2013

Into AMGN Aug 17 '13 $120 Calls @ $0.43...


Earnings announcement after school...

Both topline and bottom line grew last quarter and analysts are expecting a slight YOY decline in EPS this time around.

I saw a bunch of volume from the $110 to $120 strike calls as well as put selling.

Lots of institutional ownership, so if earnings beat, the big guys will hopefully be pushing prices higher...


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